€ 340 000

€ 4 224 / 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. 25036

Bedrooms

Bathrooms

80.5 sq.m.

Square

Parameters

Property Description

Listing is for a Two Bedroom Penthouse Apartment with Roof Terrace.

A New Exclusive Project is coming soon to Larnaca, located in the Drosia area. This stunning and modern building is situated on a corner plot and will consist 1,2-,& 3-bedroom Apartments with large terraces and Penthouses with roof garden.

The Project is located on one of the most commercial roads just 500m walking distance from the Larnaca Salt Lake and few minutes drive from the Finikoudes beach, with walking distance to public amenities.

The ideal climate in the area all-year-round will ensure that residents can enjoy the surrounding nature.

Under Construction - Completion Date: September 2026.
Reg. No. 1052 – Lic. No. 512/E