+ 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%

2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 26681

2

Bedrooms

2

Bathrooms

81 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

This is a unique 2-bedroom apartment on the first floor in a new residential project. The project is located in a very exclusive and prestigious urban area in Larnaca. There are three apartments per storey – ensuring optimum privacy for potential buyers. Each apartment has one parking bay and a storage room on the ground level. The lovely residential neighbourhood is quiet and family orientated surrounded by large luxury houses and residential properties. The project is very near to schools, within walking distance to Lidl Supermarket and the Metropolis Mall and with immediate access to highways to Nicosia, Limassol, Paphos and Ammoxostos. The Famous Kamares Aquaduct and Larnaca Salt Lake and Cineplex Entertainment Complex are in close proximity. This residence has been fully designed and studied by a professional team of Architects, Engineers and Interior Designers. The modern design makes excellent use of features like top-quality Italian ceramic finish, unique glass balconies and clever layout of living areas designed to offer optional space, privacy and also views of the prestigious neighbourhood and Famous Larnaca Salt Lake. The project is in the early stage of construction.

Features

Veranda

Veranda

Car park

Car park

2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 26681

2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 26681

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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