€ 1 075 000

€ 4 614 / 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%

4 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 26348

Bedrooms

Bathrooms

233 sq.m.

Square

Parameters

Property Description

Contemporary Architectural Masterpiece in a Region Palm Beach Area, Oroklini, Larnaca, Cyprus. This architectural showpiece is located in the prime Palm Beach Area in Oroklini, Larnaca Cyprus.The Villa is within easy reach of the beach which is only 600 meters away. All amenities including restaurants, bars, and small shops even with the products and many more just again step away. The beautiful Mediterranean town of Larnaca is only 10 minute drive. Villa features a combination of innovative design and timeless sophistication with a light-filled open floor plan. The villa is brimming with spacious living spaces and energy-efficient sliding doors that blur the line between indoors and outdoors, bringing splendid views to the front garden area, swimming pool and outside the sitting room. The Villa upstairs holds four bedrooms two of which are en-suite and a great master bathroom. All bedrooms face the masterfully designed outdoor entertaining area.Swimming Pool as per plans skimmers and liner extra cost €25 000 plus VAT. Completion within 16 months after signing of the contract

Features

Car park

Swimming pool

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