€ 595 000

€ 4 958 / 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 Bungalow in Larnaca, Larnaka, Cyprus No. 25664

Bedrooms

Bathrooms

120 sq.m.

Square

Parameters

ID

25664
City

Cyprus
Type

Bungalow
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Bathrooms

2
Square

120 sq.m.
Land area

475 sq.m.
Veranda area

45 sq.m.
To sea

150 m
Completed

No

Property Description

This property is part of a project and is sold off plan. It is walking distance from the beach with a covered area of 156m and rests on a 450m plot, in a quiet area on Dekelia road and next to all amenities. Approximate sizes: covered area 156m2, covered veranda 5.5m2, uncovered verandas 13.5m2, uncovered parking 20m2. A good investment opportunity

Features

Veranda

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 796

Apartment (1 bedroom) Outside of Centre

€ 599

Apartment (3 bedrooms) in City Centre

€ 1 475

Apartment (3 bedrooms) Outside of Centre

€ 1 094

Buy Apartment Price

Price per square metre in the city centre

€ 3 329

Price per square metre outside the city centre

€ 1 780