+ 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 Penthouse in Zakaki, Limassol, Cyprus No. 31793

2

Bedrooms

3

Bathrooms

106.8 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

New 2 bedroom penthouse in new project located in the desirable Zakaki neighborhood in Limassol. The building is situated in the advantageous Casino and Mall area, offering residents easy access to a variety of shopping, dining, and entertainment options. This building is the epitome of modern convenience and luxury living. The building consists of five 2-bedroom and one 1-bedroom apartments, providing a range of options to suit any lifestyle. Each unit has been meticulously designed to offer residents spacious, open-plan living areas with high-quality finishes and fixtures. Each two-bedroom unit within the building is thoughtfully designed to maximize space and functionality. The bedrooms are generously sized, providing ample room for relaxation and privacy. Beyond the comfort of the apartments, the building offers a range of amenities to enhance residents’ lifestyles. The 2 penthouses have a large space for social gatherings or simply enjoying panoramic views of the city. Whether you’re looking to enjoy a night out with friends or simply grab a bite to eat, everything you need is right at your doorstep. In addition to its prime location, this building boasts top-quality construction and materials, ensuring that each unit is built to the highest standards of durability and longevity. Moreover, this building’s prime location, quality of construction, and overall appeal also make it an excellent option for resale in the future. Whether you’re looking to invest in a rental property or simply want to enjoy the benefits of owning a high-quality, well-designed apartment in one of Cyprus’s most sought-after neighborhoods, this building is the perfect choice. Building specification: Class A building, with thermal insulation, P.V Plant installation (optional for penthouses), Italian Kitchen, High quality european tiles, Security entrance door, per apartment, Consealed toilets, Grohe sanitary ware, Thermal double glazed aluminium doors & windows, AC provision for suspended ceiling and split units, Telescreen (intercom), Private covered parking, Floor Heating Provision, Store rooms, Rooftop with BBQ for the penthouses.

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 31793

2 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 31793

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more