+ 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. 26646

4

Bedrooms

4

Bathrooms

179 sq.m.

Square

Parameters

Property Description

The project is offering a villa for sale with 4BD and 4 WC . Not more than 5-minute drive from Larnaca town centre, the residential project is located in an established residential area, 200m from the beach. These Residences come with the option of five designs, internal layouts and external finish. Great luxury options include open-plan living areas that can be modified to suit the purchase's needs, a kitchen/dining area, a guest toilet, a pantry and storage area, and a master bedroom with the en-suite and main bathroom. The project uses a unique combination of glass, stone and timber to appeal to the new home buyer. The roof garden is 70 sq.m. -Spacious Double Parking Area -Private Gardens -Excellent Location for Houses with easy access to the highway leading to all Major Towns.-Delivery 16-18 months after the conclusion of the contract

Features

Veranda

Veranda

Car park

Car park

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

4 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 26646

4 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 26646

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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