+ 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%

1 bedroom Apartment in Aradippou, Larnaka, Cyprus No. 26870

1

Bedrooms

1

Bathrooms

50.6 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

For sale one-bedroom apartment with a covered veranda of 8.9 m2. The complex is located on the  Aradippou area, with easy access to schools, shops, supermarkets, local attractions,Makenzy beach, and walking distance from the new  Metropolis shopping center. Some of the many advantages are the provision of maximum natural sunlight, covered parking, a storage room on the ground floor, an Italian kitchen and granite work surfaces. All finishes are of high quality and according to plan. The project also provides environmentally friendly planters for windows, creating a sense of a garden.
The project is at an early stage of construction

Features

Veranda

Veranda

Features

Indoor facilities

Veranda

Veranda

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