€ 185 000

€ 2 891 / 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%

1 bedroom Apartment in Zakaki, Limassol, Cyprus No. 46983

Bedrooms

64 sq.m.

Square

Parameters

Property Description

A perfect blend of smart investment and comfortable living in the thriving Zakaki area. This modern residential building offers apartments with guaranteed rental returns, making it an attractive choice for investors while remaining equally suitable for owner-occupiers.

Conveniently located near major schools, each unit includes a covered parking space and benefits from competitive pricing. The property is fully transparent, with inspections welcomed at any time to ensure complete buyer confidence.

The main features of the project and the units:

- Located in Zakaki, Limassol

- Guaranteed rental income

- Covered parking space for each apartment

- Close to major schools

- Suitable for investment or private residence

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