€ 340 000

€ 4 416 / 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. 49988

Bedrooms

77 sq.m.

Square

Parameters

Property Description

This residential development is designed in a boutique hotel style, offering a refined living environment with shared leisure facilities on a beautifully arranged rooftop. The common area provides spaces for relaxation and socialising, including a dedicated yoga zone, a barbecue area for gatherings, stylish sunbeds and a spacious Jacuzzi.

Located in the vibrant Zakaki area of Limassol, the project enjoys a highly convenient position just 700 metres from Europe’s largest casino. The surrounding area offers quick access to a golf resort, Ladies Mile beach, a major shopping mall and a water park, all within a short drive, creating a well-connected and dynamic urban lifestyle.

The main features of the project and the units:
• Apartments in Zakaki, Limassol
• Boutique hotel style design
• Common rooftop with shared luxury amenities
• Yoga area
• Barbecue zone
• Sunbeds
• Jacuzzi
• 700 m from Europe’s largest casino
• Easy access to the golf resort
• Short drive to Ladies Mile beach
• Close to a shopping mall
• Close to a water park

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