€ 800 000

€ 4 571 / 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. 23311

Bedrooms

Bathrooms

175 sq.m.

Square

II quarter, 2024

Completion date

Parameters

ID

23311
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Open and covered
Access

Private
Bedrooms

2
Floor

6
Total floors

6

Bathrooms

4
Square

175 sq.m.
Veranda area

68 sq.m.
To sea

700 m
To city center

500 m
To airport

6 km
Completion date

II quarter, 2024
Completed

No

Property Description

The apartemnts of the project will have a private and luxurious penthouses on the seventh floor, with α magical panoramic south-east view of the City of Larnaca just 200 meters from the sea. Each apartment will benefit from a parking bay and storage room on the ground floor.

All energy efficient luxury apartments are designed to have large living areas and balconies along with large bedrooms including en –suite shower rooms and walk-in wardrobes. For those who prefer the top end of luxury they can select to purchase a three bedroom penthouse plus a room on the roof-garden with special features which boast luxury living to its limits.