€ 420 000

€ 3 818 / 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%

3 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 50172

Bedrooms

110 sq.m.

Square

Parameters

Property Description

This residential development offers thoughtfully designed apartments created with a focus on modern comfort. The open-plan kitchen and living area form a spacious and bright environment, ideal for everyday living and relaxation. Each apartment also features a covered veranda, extending the living space outdoors.

High-quality materials and sanitary ware have been used throughout the construction, ensuring durability and refined finishes. Every apartment includes a private storage room, while a covered parking space is provided for each residence.

The complex is situated close to all essential urban infrastructure, offering convenience and easy access to daily amenities for future owners.

The main features of the project and the units:
• Open-plan kitchen and living area
• Covered veranda
• High-quality materials and sanitary ware
• Private storage room for each apartment
• Covered parking space
• Close to essential urban infrastructure

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