510m2 Commercial property in Zakaki, Limassol, Cyprus No. 52543

510 sq.m.

Square

€ 2 400 000

€ 4 706 / 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%

Parameters

Property Description

Imagine your perfect Mediterranean home in sunny Cyprus, where comfort, style, and stunning sea views come together in perfect harmony. This thoughtfully designed two-bedroom apartment offers an inviting open-plan living room and kitchen filled with natural light and a warm atmosphere. Large windows frame breathtaking views of the endless blue horizon, making every moment at home feel special.

The modern kitchen is equipped with high-quality appliances to inspire your culinary creativity. Both bedrooms provide peaceful retreats with comfortable layouts, while the spacious verandas invite you to enjoy fresh air and beautiful surroundings. With generous storage space and dedicated parking, this apartment ensures convenience and functionality for everyday living.

This residence is more than just a place to live — it is a true Mediterranean lifestyle experience, combining elegance and practicality in one of Cyprus’s most desirable locations.

The main features of the project and the units:

• 3-floor residential building with only 6 apartments
• Each apartment has an internal area of 85 sq.m.
• Open-plan living room and kitchen
• 2 bedrooms
• 2 WC and 1 shower
• 3 verandas (West apartments: 44 sq.m total, East apartments: 41 sq.m total)
• 1 covered parking space per apartment (2 spaces for third-floor apartments)
• Storage room in each apartment
• Roof garden for third-floor apartments (West 53 sq.m, East 52 sq.m)
• Double glazing windows
• Solar panels
• Air conditioning
• Water pressure pump
• Fully furnished with quality furniture and Bosch appliances
• Quiet residential neighbourhood with easy access to highway
• Few minutes drive to Lady’s Mile beach, My Mall, City of Dreams, Lidl and historical centre

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

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