2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 57694

Bedrooms

97 sq.m.

Square

€ 470 000

€ 4 845 / 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

Discover smart urban living with this well-designed apartments in the contemporary mixed-use development near Limassol Port. Ideal for professionals and investors, it combines everyday comfort with strong rental appeal in a highly connected location.

Key Features:

• Prime Location: Minutes from Limassol Port, Marina, MyMall and the sea
• Mixed-Use Community: Residential living alongside offices, co-working and lifestyle amenities
• Efficient Design: Thoughtful layout with modern finishes
• Investment Appeal: Strong rental demand from professionals and city-based tenants
• Easy Connectivity: Direct access to main roads, business hubs and key city destinations.

The Project has EPC certificate with "A" Energy Efficiency Rating.