+ 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 Penthouse in Aradippou, Larnaka, Cyprus No. 26934

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

II quarter, 2026

Completion date

Parameters

Property Description

A beautifully designed project located in the Aradippou area of Larnaca overlooking a mature park to the rear. Although situated in a quiet, residential road, it is in very close proximity to surrounding open areas which make for a light airy feel with amazing views. This project has very easy access to local amenities, supermarkets, schools, entertainment facilities, the highway network and the new Metropolis mall. The town centre and airport are also very easily accessible from this point. This modern building with exceptional design features, comes complete with Italian Style kitchens, granite worktops covered parking and storage rooms. Client selection of interior fixtures and fittings makes it possible to combine luxury and design to secure the maximum quality of living.The project is in the early stage of a construction
Airport-6 km
Shops-500m
Beach area -3800

Features

Veranda

Veranda

1 bedroom Penthouse in Aradippou, Larnaka, Cyprus No. 26934

1 bedroom Penthouse in Aradippou, Larnaka, Cyprus No. 26934

Features

Indoor facilities

Veranda

Veranda

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