€ 290 000

€ 2 990 / 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%

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 47314

Bedrooms

97 sq.m.

Square

Parameters

Property Description

The location provides easy access to major daily amenities, including schools, supermarkets, cafés, and other essential services. The property also includes covered parking and a private storage room, ensuring added practicality for residents.

The main features of the project and the units:
• Close to schools, supermarkets, cafés, and amenities
• Covered parking
• Storage room

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