€ 750 000

€ 6 522 / 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 Villa in Zakaki, Limassol, Cyprus No. 48687

Bedrooms

115 sq.m.

Square

Parameters

Property Description

Located in one of Limassol’s most dynamic residential areas, this gated development offers a collection of detached two- and three-bedroom homes, combining convenience, privacy, and thoughtful design. Positioned next to the City of Dreams Mediterranean casino resort and close to key leisure and transport infrastructure, the project provides both residential comfort and investment potential.

The development is within walking distance of My Mall Limassol and Ladies Mile Beach (a Blue Flag-certified coastline), while also offering quick access to the Limassol Golf Course, the cruise terminal, and Limassol Marina. This makes it a strategic location for both permanent residents and those seeking holiday or investment properties.

Each home features a private swimming pool, rooftop terrace with lounge and BBQ areas, and a jacuzzi, promoting an indoor-outdoor lifestyle in a private setting. Modern layouts include open-plan interiors and high-spec finishes throughout, with dedicated parking spaces and landscaped surroundings. The residences are designed with energy efficiency and contemporary aesthetics in mind.

The offer includes 5-year membership at the City of Dreams Casino.

The main features of the project and the units:

• Location: Western Limassol, near City of Dreams Mediterranean
• 300 m from My Mall Limassol
• 800 m from Ladies Mile Beach
• 1 km from Limassol Golf Course
• 1.5 km from Limassol Cruise Terminal
• 5 km from Limassol Marina and city center
• Gated residential development
• Detached 2-bedroom and 3-bedroom villas
• Private swimming pool for each unit
• Rooftop terrace with lounge, BBQ area, and jacuzzi
• Dedicated private parking
• Energy-efficient construction
• Contemporary design with open-plan interiors
• Investment and lifestyle potential in a growing area
• 5-year membership at the City of Dreams Casino

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