+ 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. 26878

2

Bedrooms

2

Bathrooms

82.4 sq.m.

Square

II quarter, 2026

Completion date

Parameters

Property Description

The exclusive residential complex encompasses four floors. This remarkable and innovative structure boasts a contemporary design that skillfully blends visionary architecture with ultra-luxurious interiors, creating a perfect fusion of style and comfort for modern living. Situated just a 10-minute walk from the new Metropolis Mall, near the center of Larnaca, the property is also conveniently located within a 10-minute drive from both the airport and a hypermarket. Its privileged location ensures easy access to all the amenities the area has to offer.
The project introduces a two-bedroom apartment for sale. In accordance with the category A energy efficiency standards, future electricity expenses are expected to be significantly lower, positively impacting the potential for real estate investment and subsequent rental opportunities. Additionally, this apartment presents an excellent choice for personal residence, considering the rapid development and modernization of the Aradipou area. The project is currently in the early stage of a construction.

Features

Veranda

Veranda

2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 26878

2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 26878

Features

Indoor facilities

Veranda

Veranda

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