2 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 53285

2

Bedrooms

2

Bathrooms

76 sq.m.

Square

485 000

Price history

€ 485 000

€ 450 000

€ 6 382 / 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

This contemporary mixed-use development in Zakaki, the westernmost part of Limassol, redefines modern living by bringing together residences, landscaped terraces, and a curated set of on-site amenities. A communal swimming pool and a fully equipped gym sit alongside ground-floor offices and shops, creating a balanced blend of lifestyle, work, and leisure in one modern destination.

The development offers a collection of studios, one-bedroom, and two-bedroom apartments arranged across four residential floors above a ground-floor commercial level. Each home features generous covered and uncovered verandas and comes with its own private storage room and a dedicated parking space. The top-floor residences are crowned with private roof gardens that extend the living space outdoors, while the building is completed by a landscaped roof garden with a swimming pool.

The main features of the project and the units:

• Communal swimming pool
• Fully equipped gym
• On-site offices and shops
• Private roof gardens on the top floor
• Covered and uncovered verandas
• Private storage room for every apartment
• Dedicated parking space
• Studios, one- and two-bedroom layouts

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

Features

Storage room

Storage room

Car park

Car park

Common area with pool

Common area with pool

Similar Property

489 000

2 Bedrooms

2 Bathrooms

76 sq.m.

+ VAT

490 000

2 Bedrooms

76 sq.m.

+ VAT

475 000

2 Bedrooms

76 sq.m.

+ VAT

470 000

2 Bedrooms

76 sq.m.

+ VAT

Price history

€ 485 000

€ 450 000

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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