€ 390 000

€ 5 000 / 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. 42693

Bedrooms

78 sq.m.

Square

Parameters

Property Description

This residential development, located in Limassol, will consist of 2 bedroom apartments, all with storage room and parking places. Each apartment will have spacious verandas to enjoy the views of the neighbourhood.

The project is conveniently located in close proximity to all the necessary amenities and to the main avenues, leading to the town center and the highway.

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