+ 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. 46403

2

Bedrooms

3

Bathrooms

85 sq.m.

Square

Parameters

Property Description

This modern residential building is distinguished by clean architectural lines and a refined sense of simplicity. Designed with clarity and precision, it features a distinctive exterior and well-considered interior layouts that combine style with everyday comfort.

The architecture reflects a contemporary approach, where modern design is balanced with a calm, understated aesthetic. Soft tones and clean forms shape spaces that feel comfortable and well organised, offering a sense of effortless elegance. The location provides direct proximity to Limassol Mall and City of Dreams Casino, placing key city attractions within easy reach.

The main features of the project and the units:
• Modern residential building
• Clean architectural lines and refined simplicity
• 1-bedroom residences
• 2-bedroom residences
• 3-bedroom residences
• Proximity to Limassol Mall
• Proximity to City of Dreams Casino

The project has an EPC certificate with “A” energy efficiency rating.

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