+ 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 Kiti, Larnaka, Cyprus No. 26437

4

Bedrooms

3

Bathrooms

169 sq.m.

Square

Parameters

Property Description

This an amazing complex has a contemporary and modern design to fit in the surrounding as the area is a beehive of activity, considered to be one of the economic centers of the city. • Expected energy Efficiency A • Landscaped Gardens • One parking space per apartment • Storage Units • Common Swimming Pool Block A • 4 floors • 9 - 1bed and 2bed apartments • 1 - 3bed apartment on 4th floor Block B • 6 floors • 18 - 1bed and 2bed Apartments A variety of amenities and services are in proximity, while the access in and out of the city center is possible in just under 5 minutes. Moving towards the west from the project, the main highway network system is easily accessible as it links Larnaca with other major cities of Cyprus. The general hospital is 10 minutes away, while private clinics are in close vicinity.DELIVERY DATE 24 MONTHS AFTER  CONTRACT

Features

Veranda

Veranda

Car park

Car park

4 bedrooms Villa in Kiti, Larnaka, Cyprus No. 26437

4 bedrooms Villa in Kiti, Larnaka, Cyprus No. 26437

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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