+ 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. 43739

2

Bedrooms

81 sq.m.

Square

Parameters

Property Description

The complex is located in the fastest growing area of the city - Zakaki, next to a new casino and the only shopping center in the city. The apartments will have wiring for heating/air conditioning. Also built-in wardrobes, granite countertop, European plumbing.

The project offers a comfortable, quiet and green location as well as storage rooms and parking spaces.

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

Features

Storage room

Storage room

Similar Property

500 000

2 Bedrooms

81 sq.m.

+ VAT

495 000

2 Bedrooms

81 sq.m.

+ VAT

495 000

2 Bedrooms

81 sq.m.

+ VAT

495 000

2 Bedrooms

81 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

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