+ 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%

4 bedrooms Villa in Zakaki, Limassol, Cyprus No. 31794

4

Bedrooms

3

Bathrooms

193.5 sq.m.

Square

I quarter, 2027

Completion date

Parameters

Property Description

New 4-bedroom villa in new project located in Zakaki neighborhood in Limassol, next to MyMall and very close to City of Dreams Resort & Casino. Project consist of only 2 villas, and they are a perfect fit for enjoying what Cyprus has to offer. A relaxing neighborhood only a few minutes from the cosmopolitan Limassol Marina. Specious ground floors (85.6 sqm) where the kitchen and living room are located, along with a cozy fireplace. On the 1st floor (107.9 sqm) all 4 bedrooms are located. The 1st floor has also all the necessary storage space to accommodate the needs of a big family. A wardrobe room is a pleasant addition to the master bedroom. Covered parking is if blends naturally with the villas’ volumes. At the back yard there is a covered veranda with a deck that faces the garden or if you prefer the pool. Access to the main road and from there to the highway is a breeze, as well as to the center of the city, turning the villas into a private relaxing paradise and at the same time a starting point for an exciting new day. Villa’s specification: class A building with thermal insulation, P.V Plant installation, Italian kitchen, high quality European tiles, security entrance door per villa, concealed toilets, Grohe sanitary ware, thermal double glazed aluminum doors & windows, AC provision for suspended ceiling and split units, telescreen (intercom), private covered parking, floor heating provision, storerooms, fire place, optional swimming pool.

Features

Veranda

Veranda

Swimming pool

Swimming pool

4 bedrooms Villa in Zakaki, Limassol, Cyprus No. 31794

4 bedrooms Villa in Zakaki, Limassol, Cyprus No. 31794

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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