+ 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%

1 bedroom Apartment in Zakaki, Limassol, Cyprus No. 46800

1

Bedrooms

50 sq.m.

Square

Parameters

Property Description

This modern residential development consists of a limited collection of 1- to 2-bedroom apartments designed for comfortable contemporary living. The interiors feature open-plan layouts, generous spaces, high ceilings of 2.7 meters, and well-sized terraces that extend the living area outdoors.

The building is set in a lively and fast-developing district of Limassol, offering immediate access to leading entertainment, dining, and shopping destinations. Residents are situated close to major leisure spots, including a prominent casino resort, sandy beaches, and a variety of lifestyle facilities. The location also provides walking-distance convenience to a large shopping mall, ensuring effortless access to daily services, retail options, and family-friendly activities.

Positioned near a renowned golf resort, the area combines urban comfort with a more relaxed environment. Its proximity to green landscapes, exclusive leisure amenities, and outdoor recreation creates a balanced setting for both active and laid-back lifestyles. Designed with attention to privacy and functionality, the apartments are ideal for professionals and small families seeking modern living with excellent city connections.

The main features of the project and the units:
• 1- to 2-bedroom apartments
• Open-plan interiors
• High ceilings (2.7 m)
• Spacious terraces
• Thermal aluminium doors
• Face recognition entry video phone
• Automated parking gate
• EV charging provision for each apartment
• WiFi-controlled water heater
• Interior design consultation

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

Features

Storage room

Storage room

Car park

Car park

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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