€ 350 000

€ 2 482 / 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. 23346

Bedrooms

Bathrooms

141 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

ID

23346
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Open and covered
Access

Private
Bedrooms

2
Floor

4
Total floors

4

Bathrooms

2
Square

141 sq.m.
Veranda area

61 sq.m.
To sea

2 km
To city center

800 m
To airport

5 km
Completion date

IV quarter, 2025
Completed

No

Property Description

The fourth floor apartments of two bedrooms and two bathrooms benefit from large covered balconies plus two rooms on the roof with three bathrooms exclusive to owners which prefer luxury living and benefits from a large bar and barbecue area on the roof garden and panoramic views of the Famous Larnaca Salt Lake. Each apartment has one parking bay and a storage room on the ground level.

The lovely residential neighbourhood is quiet and family orientated surrounded by large luxury houses and residential properties. The project is very near to supermarkets, private schools such as the American Academy and with immediate access to highways to Nicosia, Limassol, Paphos and Ammochostos. The Famous Larnaca Salt Lake and Cineplex Entertainment Complex is in close proximity.