+ 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. 55385

2

Bedrooms

2

Bathrooms

81 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Apartment for Sale – 1st Floor | Limassol City – Zakaki
Modern 2-bedroom apartment for sale in the sought-after area of Zakaki, Limassol.
• Internal Area: 81 sq.m.
• Bedrooms: 2
• Bathrooms: 2
• Parking: 1 Covered Space
• Features:
Energy Efficiency Rating A
Aluminum frames with double-glazed windows
Tile flooring throughout
Elevator
Private storage room
• Location Benefits:
Close to the Sea
Near schools
Close to City Center
Walking distance to cafes & restaurants
• Status: Under Construction
• Modern design & high-quality finishes.
A great opportunity for living or investment in a growing area of Limassol!
Delivery Date: December 2027

Features

City center

City center

New project

New project

Elevator

Elevator

School

School

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280 000

2 Bedrooms

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+ VAT

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+ VAT

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2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 55385

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 55385

Features

Location

City center

City center

Features

New project

New project

Indoor facilities

Elevator

Elevator

Outdoor features

School

School

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