€ 600 000

€ 3 727 / 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%

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 23300

Bedrooms

Bathrooms

161 sq.m.

Square

III quarter, 2024

Completion date

Parameters

ID

23300
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Open and covered
Access

Private
Bedrooms

2
Floor

5

Total floors

5
Bathrooms

3
Square

161 sq.m.
To sea

200 m
To city center

500 m
To airport

5 km
Completion date

III quarter, 2024
Completed

No

Property Description

The fifth floor of the project are apartments with two bedrooms and three bathrooms each with spacious covered and uncovered balconies which sole purpose is to secure and maximise the comfortable and private quality of life of its apartment owners.

Each apartment will benefit from a parking bay and storage room on the ground floor.

This project is characterised by its immediate access to the blue flag Mackenzy beaches, its panoramic and unobstructed views of the sea and the careful and meticulous design of its eight luxury and high-end apartments.