€ 340 000

€ 2 720 / 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 Bungalow in Kiti, Larnaka, Cyprus No. 37596

Bedrooms

Bathrooms

125 sq.m.

Square

Parameters

Property Description

This Three Bedroom Detached Bungalow is nestled in the sought-after area of Kiti, offering a serene retreat with modern amenities close at hand.

The property features an inviting open plan layout that seamlessly integrates a contemporary kitchen/diner with a spacious living area. Each of the three double bedrooms is complemented by fitted wardrobes, with the master bedroom boasting an en-suite shower room, while bedrooms two and three share access to a well-appointed family shower room.

Sitting on a generous plot of land, the bungalow provides ample space for outdoor entertaining, with additional room for a swimming pool if desired.

Positioned advantageously, the property is in proximity to essential amenities such as supermarkets, banks, local schools, coffee shops, and restaurants. Larnaca International Airport is conveniently located approximately 6km away, ensuring easy travel connections.