+ 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. 47307

1

Bedrooms

50 sq.m.

Square

Parameters

Property Description

This modern residential development offers 18 stylish apartments ranging from 65 to 178 m² of living space. Each residence is thoughtfully designed with high-end interiors, spacious living rooms, modern bathrooms, and ample natural light. The complex features a solar energy system and is pet-friendly. Nestled in a quiet cul-de-sac, the location provides easy access to a variety of amenities including MyMall, Limassol Greens Golf Course, City of Dreams Casino, Limassol Marina, supermarkets, banks, and Fasouri Waterpark, all within a short drive. The project combines contemporary comfort with a serene and harmonious connection to nature.

The main features of the project and the units:
• 18 stylish apartments
• 65-178 m² living area
• Spacious living rooms
• Modern bathrooms
• High-end interior design
• Ample natural lighting
• Solar energy system
• Pet-friendly
• Close to all amenities

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

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