+ 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. 47156

2

Bedrooms

78 sq.m.

Square

Parameters

Property Description

This residential development, now nearing completion, is positioned just minutes from major shopping, entertainment, and coastal leisure destinations. Designed to combine contemporary comfort with exceptional convenience, the project offers easy access to key amenities and lifestyle hotspots.
Located in a rapidly expanding high-demand area, it presents both an appealing living environment and a strong investment opportunity. Residents benefit from thoughtful design elements, quality materials, generous balconies, and practical features that enhance everyday living.

The main features of the project and the units:
• Covered parking
• A+++ building materials and finishes
• One bathroom
• One guest WC
• AC split units
• Storage for each apartment
• Photovoltaic system
• Solar panels
• Spacious covered balconies
• Gated parking with remote access

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

Features

Storage room

Storage room

Car park

Car park

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+ VAT

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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