+ 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 Villa in Larnaca, Larnaka, Cyprus No. 32099

3

Bedrooms

3

Bathrooms

148 sq.m.

Square

Parameters

Property Description

The location of 20, three/four bedroom homes that come with an option of three modern custom home designs which range from 150-180m2 internal area. This modern style complex is situated 3km from Larnaca and offers easy access to the highway network with Limassol and Nicosia. Residences is set on elevated ground offering unobstructed views of the coastline and surrounding countryside.Probably our most ambitious project to date, Residences is situated just 4km west of Larnaca adjacent to the Panorio Palace Area.Larnacas’s new airport is just 2 km away. Residences has great investment potential whilst offering an idyllic location to set up a residence.The project also benefits from the beaches of Meneou, Kiti, Pervolia, and Larnaca town, and close range links to highways connecting to all major cities in Cyprus.

Features

Veranda

Veranda

Car park

Car park

Statistics

€ 3 329

Price per sq.m.

166

Quality of Life Index

53

Cost of Living Index

Choose a city for comparison

Parameters

Larnaca

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 796

Apartment (1 bedroom) Outside of Centre

€ 599

Apartment (3 bedrooms) in City Centre

€ 1 475

Apartment (3 bedrooms) Outside of Centre

€ 1 094

Buy Apartment Price

Price per square metre in the city centre

€ 3 329

Price per square metre outside the city centre

€ 1 780

3 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 32099

3 bedrooms Villa in Larnaca, Larnaka, Cyprus No. 32099

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more