€ 400 000

€ 5 291 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

3 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 28454

Bedrooms

Bathrooms

75.6 sq.m.

Square

II quarter, 2024

Completion date

Parameters

ID

28454
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

3
Floor

3

Bathrooms

3
Square

75.6 sq.m.
Veranda area

12 sq.m.
To sea

1.4 km
Completion date

II quarter, 2024
Completed

No

Property Description

Modern 2+1 bedroom apartment in a contemporary complex located in Zakaki area of Limassol, close to Mymall, new Casino and with all necessary infrastructure and amenities nearby. Apartments features living and dining area with an open-plan kitchen, covered terrace, 2 bedrooms, master en-suite with shower, second bathroom and a space that can be tuned into a third bedroom. Finishes and specifications include: ceramic flooring, aluminum double-glazed windows, provision for rolling shutters and electric curtains, granite based worktops in the kitchen. Solar hot water system. Covered parking. Construction will start in September 2022. Delivery in 18 months from construction start date

Features

Veranda