€ 300 000

€ 3 000 / 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%

3 bedrooms Apartment in Larnaka, Cyprus No. 39738

Bedrooms

Bathrooms

100 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Spacious 3-bedroom apartment (1 Master) on the 2nd floor in Aradipou, with a total area of 100 sq.m. The property features 2 bathrooms, 2 WCs, a modern kitchen, and a comfortable living room. It includes one covered parking space on the pilotis level and offers an ideal layout for family living in a quiet residential area.
Floor: 2nd