€ 440 000

€ 5 000 / 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%

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 37902

Bedrooms

Bathrooms

88 sq.m.

Square

Parameters

Property Description

Listing is for a Two Bedroom Penthouse Apartment with Roof Terrace.

This Five-Floor building will include 2-Bedroom Apartments and Penthouses with Roof Terraces.

Located in the heart of Larnaca at only 4 minutes from the famous Ermou street and 5 minutes from Finnikoudes beach, the project is surely an added value to the town of Larnaca.

The apartments comprise of an open plan layout consisting of a fitted kitchen, dining space and lounge area. Patio windows open out onto a covered veranda providing space for outside dining. The two bedrooms enjoy fitted wardrobes, the master with en-suite shower whist bedroom two has use of the the family shower room.

Project features :

. 2-Bedroom Apartments

. Penthouses with Roof Terraces

. 4 minutes from Ermou Street

. 5 minutes from Finnikoudes Beach

Project is currently under construction- Estimated Completion November 2026

Reg. No. 1052 – Lic. No. 512/E