+ 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. 53848

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Located in one of Limassol’s most rapidly developing areas, this contemporary residential building embodies modern urban living while offering strong investment potential.
The project comprises 14 thoughtfully designed apartments, including 8 one-bedroom, 5 two-bedroom, and 1 three-bedroom unit. Each apartment features private parking and dedicated storage, along with generously sized balconies that enhance everyday comfort and outdoor living.

Features

New project

New project

Private parking

Private parking

Similar Property

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1 Bedrooms

50 sq.m.

+ VAT

230 000

1 Bedrooms

50 sq.m.

+ VAT

230 000

1 Bedrooms

50 sq.m.

+ VAT

230 000

1 Bedrooms

50 sq.m.

+ VAT

1 bedroom Apartment in Zakaki, Limassol, Cyprus No. 53848

1 bedroom Apartment in Zakaki, Limassol, Cyprus No. 53848

Features

Features

New project

New project

Indoor facilities

Private parking

Private parking

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