€ 350 000

€ 3 465 / sqm

+ 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 Apartment in Larnaca, Larnaka, Cyprus No. 37302

Bedrooms

Bathrooms

101 sq.m.

Square

Parameters

Property Description

Listing is for a Three Bedroom Apartment located on the First Floor.

New development in the area of Phaneromeni, one of the most elite and prestigious areas in Larnaca!

The project features 3-bedroom apartments and a penthouse with a large roof terrace!

Located just a few minutes from the famous Finnikoudes beach and close to public amenities, restaurants and malls, the project will offer its residents the best living experience.

Located in one of the most elite areas in Larnaca

3-Bedroom Apartments

Penthouse with Large Roof Terrace

3 minutes from Patticheio Park, the biggest Park in Larnaca

3 minutes from Larnaca Salt Lake

4 minutes from Larnaca Downtown

6 minutes from Finikoudes Beach

7 minutes from Larnaca General Hospital

8 minutes from Metropolis Mall