+ 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 Apartment in Zakaki, Limassol, Cyprus No. 42311

3

Bedrooms

95 sq.m.

Square

Parameters

Property Description

This complex is conveniently located in close proximity to many daily amenities in the area of Zakaki in Limassol. The residential blocks consist of 1, 2 and 3 bedroom apartments, all with spacious covered verandas as well as the allocated storage rooms and the parking spaces.

The apartments will have aluminum doors and windows, high quality kitchen countertops, Italian style high quality wardrobes, kitchen and bathroom cabinets, Spanish ceramic tiles.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Storage room

Storage room

Car park

Car park

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Outdoor features

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