+ 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%

3 bedrooms Penthouse in Aradippou, Larnaka, Cyprus No. 27261

3

Bedrooms

3

Bathrooms

106 sq.m.

Square

II quarter, 2026

Completion date

Parameters

Property Description

The upscale residential building comprises four floors and features an exclusive penthouse with 3 bedrooms. This luxurious and innovative structure boasts a contemporary design that skillfully merges visionary architecture with ultra-luxurious interiors, providing the epitome of modern living. Situated just a 10-minute stroll from the recently established Metropolis Mall in Larnaca, this prime location is also conveniently close to the city center, with the airport and a hypermarket reachable within a 10-minute drive.
Residents will have the advantage of enjoying various amenities in the vicinity. With an impressive Category A energy efficiency rating, the property ensures significantly reduced electricity expenses in the future, offering a favorable environment for real estate investment and potential future rental opportunities.
This residence presents an exquisite penthouse affording stunning views of the contemporary surroundings and featuring a vast rooftop garden spanning 43 sq.m. Additionally, the apartment serves as an exceptional choice for personal occupancy, especially considering the swift development and modernization of the Aradipou area. The construction project is currently in its early stange of  a contrustion phase.

Features

Veranda

Veranda

3 bedrooms Penthouse in Aradippou, Larnaka, Cyprus No. 27261

3 bedrooms Penthouse in Aradippou, Larnaka, Cyprus No. 27261

Features

Indoor facilities

Veranda

Veranda

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