€ 660 000

€ 6 044 / 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. 29259

Bedrooms

Bathrooms

109.2 sq.m.

Square

I quarter, 2023

Completion date

Parameters

ID

29259
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

3
Floor

4

Bathrooms

3
Square

109.2 sq.m.
Veranda area

44 sq.m.
To sea

1.2 km
Completion date

I quarter, 2023
Completed

No

Property Description

New 3 bedrooms penthouse with roof garden in Zakaki, Limassol. A modern 2 building complex in a 3.666 sqm plot in close proximity to the “City of Dreams” Casino, the biggest casino in Europe. The complex is also next to MyMall and the port of Limassol, the biggest port of the island and major trading hub. Each building consists of 27 apartments including studios and 1, 2, and 3 bedroom apartments. All apartments have dedicated storage room, communal pool access and private parking. The top floor has 3 3-bedroom penthouses, each having a big veranda and access to roof garden, with magnificent view to the “City of Dreams” casino, the sea and the mountain.

Features

Veranda

Common area with pool