€ 360 000

€ 4 105 / 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%

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 55228

Bedrooms

Bathrooms

87.7 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

An exclusive new residential development in the vibrant city of Limassol, offering a contemporary lifestyle in one of the area’s most desirable locations. Designed for modern living, this exceptional project blends comfort, convenience, and elegant architecture to create a refined residential experience.
Ideally situated in a quiet and well-established neighbourhood, the development provides easy access to everything needed for everyday living. Residents can enjoy relaxing seaside escapes just minutes away, while nearby attractions such as My Mall Limassol and the City of Dreams Mediterranean offer a vibrant mix of shopping, entertainment, and leisure. Large supermarkets, cafés, schools, and essential services are all within close reach, ensuring maximum convenience.
The project features thoughtfully designed residences built to the highest standards, combining modern aesthetics with premium-quality finishes. Each apartment is carefully crafted to offer comfort, functionality, and an elevated living experience.
Perfect for both homeowners and investors, this elegant apartment presents an outstanding opportunity with excellent rental yield potential and strong return on investment in one of Cyprus’ fastest-growing residential and lifestyle destinations.