€ 205 000

€ 4 100 / 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. 46986

Bedrooms

50 sq.m.

Square

Parameters

Property Description

A sleek residential project that brings contemporary design and smart living to one of Limassol’s fastest-growing neighbourhoods. Perfectly located in Zakaki, this development offers a fresh collection of one- and three-bedroom apartments crafted for modern comfort and long-term value.

With its clean lines, thoughtful layouts and prime positioning in an area undergoing rapid transformation, the building presents an outstanding opportunity for both homeowners and investors seeking quality and convenience in a vibrant emerging district.

The main features of the project and the units:

- Located in Zakaki, Limassol

- 1 and 3-bedroom apartments

- Modern design

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