+ 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%

3 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 53849

3

Bedrooms

2

Bathrooms

127 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

A modern apartment building located in one of Limassol’s most rapidly developing areas. This contemporary residential complex of 14 apartments is thoughtfully designed to meet the demands of modern urban living while offering strong investment potential in the Zakaki area—fast becoming the new heart of Limassol’s growth.
The development features 8 one-bedroom apartments, 5 two-bedroom apartments, and 1 three-bedroom apartment. All units include private parking, dedicated storage, and spacious balconies, ensuring comfort and practicality in everyday living.

Features

Private parking

Private parking

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3 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 53849

3 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 53849

Features

Indoor facilities

Private parking

Private parking

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