€ 275 000

€ 3 198 / 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. 50175

Bedrooms

86 sq.m.

Square

Parameters

Property Description

This three-storey residential development comprises two-bedroom apartments designed for practical and comfortable everyday living. Each residence is planned with functionality in mind, offering a well-organised layout within a compact and low-rise building.

Every apartment benefits from a dedicated covered parking space, while individual storage rooms located in the pilotis provide additional convenience and efficient use of space.

The main features of the project and the units:
• Three-storey apartment building
• Two-bedroom apartments
• Covered parking space for each apartment
• Private storage room for each apartment

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