2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 57053

Bedrooms

Bathrooms

103 sq.m.

Square

€ 280 000

€ 2 718 / 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 compact residential building in a quiet part of Zakaki holds just seven apartments, in a spot that keeps everyday life simple: the Limassol road network is a short drive away and the roundabout is only a few minutes from the door.

The layouts run from one-bedroom homes of about 62 m² to two-bedroom apartments of up to 110 m², planned around comfort, privacy and the practical use of space. Every residence opens onto a generous balcony and comes with its own parking space and a separate storage room. The building is designed to make the most of natural light, so the interiors stay bright through the day.

The first-floor apartments suit buyers who value easy access, while the third-floor home sits at the top of the building with the quietest outlook. The surrounding neighbourhood is residential and calm, combining the accessibility of the city with the peace of a well-organised address.

The main features of the project and the units:

• one- and two-bedroom apartments from 62 m² to 110 m²
• a large balcony for every residence
• a private parking space for every residence
• a separate storage room for every residence
• a low-density building with only seven apartments
• quiet residential neighbourhood with quick access to the Limassol road network
• a few minutes' drive from the roundabout and the city amenities

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

Features

Storage room

Car park