€ 535 000

€ 6 688 / 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%

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 36864

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

For sale is a modern penthouse apartment currently under construction in the up-and-coming area of Zakaki. With a spacious internal area of 80 m², this property features two comfortable bedrooms and two stylish bathrooms. Located on the top floor and serviced by an elevator, the apartment offers stunning city views and a bright, airy feel.

Zakaki has quickly become a sought-after area thanks to its convenient location near the highway and easy access to local amenities such as shops, restaurants, and entertainment venues. The neighborhood is known for its mix of new developments and established infrastructure, making it an excellent choice for both residents and investors.

This gated complex will offer residents added security, a communal swimming pool for relaxation, and a central air conditioning system for year-round comfort. The apartment is designed with a modern aesthetic, clean lines, and practical layouts, ensuring a high standard of living. The expected completion date is 2027, providing a great opportunity to invest in a brand-new home.

For more information, or to arrange a viewing, please contact Purple International Real Estate.