+ 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 Penthouse in Aradippou, Larnaka, Cyprus No. 26323

3

Bedrooms

2

Bathrooms

107.9 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

This  penthouse is the concept of innovative architectural design while still offering maximum in comfort and quality of living. The project also sports eco-friendly window planters allowing for a garden feel as well as offering something back to the environment. Amazing located on the borders of Larnaca and Aradippou, with easy access to schools, shops, supermarkets, local amenities, the highway network and only a stone's throw away from the new and much-awaited Metropolis Mall. Some of the many benefits are provisions for maximum natural sunlight, covered parking space, a ground-level storage room, an Italian kitchen and granite work surfaces. All finishes are of high quality and standard. Roof terrace 44.7 sq.m.

Features

Veranda

Veranda

Car park

Car park

3 bedrooms Penthouse in Aradippou, Larnaka, Cyprus No. 26323

3 bedrooms Penthouse in Aradippou, Larnaka, Cyprus No. 26323

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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