+ 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 Villa in Larnaca, Larnaka, Cyprus No. 26529

3

Bedrooms

3

Bathrooms

182.8 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

Luxurious and new sea view villa (182.8 sq.m. including the room on a roof garden 17.15 sq.m.) in a modern area that will bring a lot of future to the Dhekelia region. This beautiful villa is located within walking distance from the beach where you can enjoy crystal clear water and golden sand. The construction of the New Marina adds a posh location to the villa and in a few years the villa will be twice as expensive to build due to the construction of the New Marina, which is the largest Marina in Cyprus. The villa will be built to the latest standards and technology with a private pool. Spacious double parking, 129 meters from the beach, private garden, excellent location for a villa with easy access to the highway leading to all major cities (Limassol, Larnaca, Nicosia). The largest supermarket is 10 minutes from the location of the villa. Energy efficiency certification of class "A" is expected, which will subsequently reduce electricity bills. The villa has a closed parking lot, which will keep your car in perfect condition. The villa is under construction.-The Underfloor heating can be installed and the cost is approximately 175euro/ sq.m-The swimming pool is included in the price of the villa

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

3 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 26529

3 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 26529

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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