€ 330 000

€ 3 056 / 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. 23322

Bedrooms

Bathrooms

108 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

ID

23322
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Access

Private
Bedrooms

2
Floor

4
Total floors

5

Bathrooms

2
Square

108 sq.m.
Veranda area

24 sq.m.
To sea

1.6 km
To city center

0 m
To airport

8 km
Completion date

IV quarter, 2025
Completed

No

Property Description

Apartment with 2 bedrooms. Each apartment will benefit from a parking bay and storage room on the ground floor.

The Project is located just 15 minutes from the beach promenade of Finikoudes in the old Larnaca town, near to a well-known supermarket chain Metro Supermarket and just 2 minutes away from the American Academy of Larnaca.