+ 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. 26869

2

Bedrooms

2

Bathrooms

82.4 sq.m.

Square

II quarter, 2026

Completion date

Parameters

Property Description

The luxury block consists of four floors. The highly original and innovative building has a contemporary design that skilfully combines the perfect blend of visionary architecture and ultra luxurious interiors for the ultimate in contemporary living. The building is located a 10-minute walk from the new Metropolis Mall (Metropolis), near the center of Larnaca. The airport is only 10 minutes away. The hypermarket is 10 minutes away by car. The premium location allows you to enjoy all the amenities located in the area. According to category A energy efficiency, electricity bills will be significantly lower in the future, which will have a positive effect on the ability to invest in real estate and rent it out in the future.

Features

Veranda

Veranda

2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 26869

2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 26869

Features

Indoor facilities

Veranda

Veranda

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