€ 360 000

€ 4 557 / 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. 49948

Bedrooms

79 sq.m.

Square

Parameters

Property Description

This new complex is located in a popular area of Zakaki, Limassol.

The residents will benefit from studio apartments as well as units with 1 and 2 bedrooms. Each apartment will have covered verandas and selected apartments will also benefit from uncovered verandas.

Each apartment will have a parking space.

The complex includes a communal swimming pool, gym and sauna.

The Project has EPC certificate with "A" Energy Efficiency Rating.