€ 400 000

€ 3 738 / 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 Penthouse in Zakaki, Limassol, Cyprus No. 45097

Bedrooms

107 sq.m.

Square

Parameters

Property Description

The project is located in Zakaki area in Limassol, soon to become the most affluent and exclusive region in Cyprus, where the biggest Casino in Europe will be developed.
This project offers a variety of spacious 1, 2, 3 and 4 bedroom apartments along with penthouses with roof terraces and is strategically located in a few minutes from the new Casino and Resort "City of Dreams Mediterranean", the beach and My Mall.

Project details:

• 1, 2, 3 and 4 bedroom apartments
• Penthouse apartments with Roof Terraces
• 4 minutes from the New Casino
• 5 minutes from the beach
• 5 minutes from My Mall

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