€ 152 000

€ 3 040 / 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%

1 bedroom Apartment in Larnaka, Cyprus No. 39799

Bedrooms

Bathrooms

50 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

This modern 1-bedroom apartment, with 50m² of internal space and 12m² of covered verandas. The veranda is seamlessly connected to the living room.The apartment will be delivered in February 2027 and is ideal for both owner-occupation and investment purposes.

The building consists of 12 apartments, with 4 on each floor.
Floor: 1st, 2nd