€ 260 000

€ 5 041 / 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%

1 bedroom Apartment in Zakaki, Limassol, Cyprus No. 53678

Bedrooms

Bathrooms

51.58 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

This modern 1-bedroom apartment is situated on the 3rd floor of a contemporary residential development in Limassol, currently under construction with an estimated delivery date is January 2027. The property offers 51.58 m² of internal living space, complemented by 14.40 m² of covered verandas, creating a comfortable and functional layout. It features one spacious bedroom, one stylish bathroom, an open-plan kitchen, and a bright living area designed for modern urban living. Communal swimming pool, gym and sauna. Built with comfort and energy efficiency in mind, the residence is equipped with underfloor heating & air conditioning provisions . Ideally located close to the sea, shopping mall, and city centre, the property provides excellent access to all essential amenities and key areas. With attractive city views and a prime location near City of Dreams, My Mall, Golf Resort & Lady’s Mile Beach