2 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 56467

Bedrooms

Bathrooms

76 sq.m.

Square

€ 350 000

€ 4 605 / 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%

Parameters

Property Description

A residential development that captures a delightful blend of inviting architectural charm and purposeful, functional design. The architecture strikes a graceful harmony between welcoming warmth and thoughtful practicality, creating spaces where aesthetics and everyday comfort intertwine. Offering one-, two- and three-bedroom apartments with covered parking and storage, it provides a comfortable and cosy way of living in Zakaki Limassol.

The main features of the project and the units:

• One, two and three-bedroom apartments
• Covered parking
• Storage room
• Covered verandas
• Warm, functional architectural design

The project has an EPC certificate with "A" energy efficiency rating.