+ 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%

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 30183

2

Bedrooms

2

Bathrooms

84.4 sq.m.

Square

I quarter, 2026

Completion date

Parameters

Property Description

MAJOR BENEFITSGated community with in-house facilities: pool, gym and sauna;Prestigious upcoming area of Limassol with rapidly rising demand;2 minutes from a newly built 18-hole golf course ;Next to Cyprus biggest and only casino resort “City of Dreams”;2 minutes from the famous beach Lady’s Mile;Across the road from Limassol’s biggest shopping and leisure mall;15 minutes drive from Cyprus’ cultural icon - Ancient Kourion;5 minutes drive from Limassol’s old town and Cyprus biggest yacht club

Features

Veranda

Veranda

Storage room

Storage room

Car park

Car park

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 30183

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 30183

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Car park

Car park

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