+ 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. 29300

3

Bedrooms

2

Bathrooms

100 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

New 3 bedroom penthouse in new modern complex under construction in Zakaki area, Limassol. The project is located in the most promising area of Limassol, 150 meters from Limassol Mall and 500 meters from the largest casino in the region - The City of Dreams. The residences is comprised of fifteen stylish 1,2 & 3 bedroom apartments across 3 floors, epitomized by extraordinary design elements, stylish interiors, and functional, high-quality finishes. Each apartment offers a beautifully unique living space that encapsulates the needs and requirements of today’s most discerning modern resident. Exceptional interior planning has perfectly leveraged space, glass, light and craftsmanship, adding beautiful ambience to every residence. Each apartment will have its own parking space, as well as its own storage room. The complex will also have separate parking spaces for people with disabilities and guests. 

Features

Veranda

Veranda

Features

Indoor facilities

Veranda

Veranda

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