+ 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. 48560

2

Bedrooms

80 sq.m.

Square

Parameters

Property Description

Located in the developing area of Zakaki, this residential building offers a range of contemporary apartments with practical layouts and thoughtful design. Situated between two major destinations—City of Dreams Mediterranean and Limassol Greens Golf Resort—it provides access to a variety of leisure, entertainment, and lifestyle amenities.

The project includes one- and two-bedroom apartments, catering to individuals, couples, and small families. Its location ensures walking-distance access to major facilities, including My Mall, supermarkets, restaurants, and public transport.

With direct access to the highway and just a short drive from Limassol’s city center, residents can easily reach key commercial and cultural areas while benefiting from a neighborhood that continues to grow in popularity and value.

The development is designed to offer comfort, accessibility, and functional living in one of Limassol’s most active residential zones.

The main features of the project and the units:

• Located in Zakaki, Limassol
• Options for 1- and 2-bedroom apartments
• Close to City of Dreams and Limassol Greens
• Walking distance to My Mall and local amenities
• Easy access to the highway
• Short drive to Limassol city center
• Modern architectural design
• Suitable for residential or investment use

EPC certificate with “A” energy efficiency rating

Features

Storage room

Storage room

Similar Property

335 800

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT

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2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 39450

335 000

2 Bedrooms

1 Bathrooms

80 sq.m.

335 000

2 Bedrooms

80 sq.m.

+ VAT

335 000

2 Bedrooms

80 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

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