€ 2 940 000

€ 14 700 / 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. 26562

Bedrooms

Bathrooms

200 sq.m.

Square

Parameters

Property Description

Closest beachfront villa to Larnaca city centre. The area is undergoing current infrastructure development in the area which will greatly increase the price of the properties.Luxury will is located at the 800sq.m. private beachfront plot with 4 bedrooms (all en suite) all facing the sea. The construction will be provided in 13 months after the conclusion of the Contract.Following specifications are included:1. Centrally control heating & cooling system2. Ceiling mounted air-condition grills3. Under floor heating (2 zones)4. Overflow heated swimming pool5. Photovoltaic System & Solar heating6. Roof Garden7. Provision for hot-tub on roof garden8. 2 covered parking places9. Fireplace10. Intelligent Systems for:a) Boilerb) Heating & Coolingc) Lightingd) Thermostaste) Curtains10. Barbeque11. Large garden12. Security Alarm & Cameras (smoke and motions detectors & 4 cameras accessible from mobile device)13. Heat, anti-glare and sound insulated windows14. High quality fixtures and finishes

Features

Veranda

Car park

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