€ 800 000

€ 2 606 / 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%

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 23320

Bedrooms

Bathrooms

307 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

ID

23320
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Open and covered
Access

Private
Bedrooms

3
Floor

6
Total floors

6

Bathrooms

4
Square

307 sq.m.
Veranda area

90 sq.m.
To sea

200 m
To city center

500 m
To airport

5 km
Completion date

IV quarter, 2025
Completed

No

Property Description

The six floor whole-floor apartment will have a private and luxurious penthouse on the seven floor, with α magical panoramic south-east view of the Mackenzy Beach.

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

This project e 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.