+ 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%

4 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 26315

4

Bedrooms

5

Bathrooms

196 sq.m.

Square

Parameters

Property Description

Villa Deluxe 4 bedroom 5 bathroom/w.cs in a large plot of 613 square meters. Internal size of Villa 196 square meters Open plan design. Just 700 meters away from the Beach and Palm Beach Hotel. The Villa is within easy reach to the beach which is only 700 meters away. All amenities including restaurants, bars, hotel facilities and many more is just again steps away. The beautiful Mediterranean town of Larnaca is only 10 minutes’ drive away. The feature of the Villa is the large corner sliding doors that open up to the alfresco sitting room, barbeque area and swimming pool area giving the user an amazing feeling. The Villa upstairs holds four bedrooms two of which are en-suite and a great master bathroom.Swimming pool extra, completion within 18 months after signing of contract.

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

Statistics

€ 3 329

Price per sq.m.

166

Quality of Life Index

53

Cost of Living Index

Choose a city for comparison

Parameters

Larnaca

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

4 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 26315

4 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 26315

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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