+ 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. 53925

1

Bedrooms

1

Bathrooms

43 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

A modern studio apartment for sale in Zakaki, ideally located just steps away from the newly completed Paul Gauguin Park and only a 4-minute walk to MyMall. The location is truly exceptional, combining convenience with lifestyle. The building features outstanding structural quality and architecture. Residents will enjoy fully equipped rooftop facilities, including a spacious gym, dining, and lounge areas. Construction is set to begin on October 15th, with completion scheduled for Q1 2027.

Features

Close to shopping malls

Close to shopping malls

City view

City view

Solar panel for water heating

Solar panel for water heating

New project

New project

Private Gym

Private Gym

Private parking

Private parking

Similar Property

233 000

1 Bedrooms

43 sq.m.

+ VAT

235 000

1 Bedrooms

43 sq.m.

+ VAT

235 000

1 Bedrooms

43 sq.m.

+ VAT

237 000

1 Bedrooms

43 sq.m.

+ VAT

1 bedroom Apartment in Zakaki, Limassol, Cyprus No. 53925

1 bedroom Apartment in Zakaki, Limassol, Cyprus No. 53925

Features

Location

Close to shopping malls

Close to shopping malls

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

New project

New project

Indoor facilities

Private Gym

Private Gym

Private parking

Private parking

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more