+ 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%

3 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 58564

3

Bedrooms

2

Bathrooms

105 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Discover contemporary urban living in the vibrant and rapidly developing Zakaki area of Limassol. This elegant 3-bedroom apartment is part of a modern private residential development, offering a perfect combination of comfort, style, and convenience.
Thoughtfully designed with modern living in mind, the apartment features spacious interiors, contemporary architecture, premium-quality materials, and high standards of craftsmanship. Every detail has been carefully considered to create a comfortable and sophisticated home.
Ideally located close to a wide range of amenities, shopping areas, restaurants, entertainment venues, and major road networks, the property offers excellent connectivity to the city and surrounding areas.
An ideal choice for both private living and investment, combining modern design, quality, and an attractive location in one of Limassol’s most promising neighbourhoods.

Features

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

New project

New project

Garden

Garden

Supermarket

Supermarket

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+ VAT

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3 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 58564

3 bedrooms Penthouse in Zakaki, Limassol, Cyprus No. 58564

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Features

New project

New project

Outdoor features

Garden

Garden

Supermarket

Supermarket

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