€ 375 000

€ 3 906 / 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%

3 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 44699

Bedrooms

96 sq.m.

Square

Parameters

Property Description

This residential building is located in a very popular now area Zakaki, close to the new casino and My Mall. The building will have only 3 apartments in total, 1 per each floor.

Other specifications:

• Quality turnkey finish
• Heated floors
• “Smart home’’ system
• Interior design
• A/C untis (installed)
• VRV A/C in the living room (installed)
• Italian Kitchen
• Lift
• Guest toilet
• Family bathroom

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