€ 394 000

€ 3 031 / 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 Townhouse in Pervolia, Larnaka, Cyprus No. 40245

Bedrooms

Bathrooms

130 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

The project is situated in an exceptionally prime location in the Pervolia area of Larnaca, one of the most up-and-coming coastal destinations. Its position is strategic, offering absolute tranquility next to nature while being just 2 minutes from the sea. Access to key amenities is incredibly fast, with the city center only 5 minutes away and Larnaca International Airport a mere 7-minute drive. Additionally, essential infrastructure such as healthcare facilities is reachable within 10 minutes, making the area ideal for those seeking quality of life without sacrificing convenience.

This is a modern residential complex of high aesthetic value, designed to offer a luxurious living experience that feels like a permanent vacation. The architecture focuses on harmony with the natural environment and the optimal use of light, creating an atmosphere of serenity and elegance. The development emphasizes privacy and comfort, standing as a landmark for the area that upgrades the local residential standard.

The available apartments are characterized by their functional layouts and bright, open-plan spaces with floor-to-ceiling windows that provide abundant natural light. The price includes modern kitchens and large verandas, perfect for relaxation. The technical and quality features include:

Energy Efficiency Class A: Ensuring low energy consumption and excellent insulation.

Quality Materials: Use of high-specification European ceramics and sanitary ware.

Technological Infrastructure: Full provision for air conditioning in all areas, solar water heating system, and a pressurized water system.

Security and Comfort: Installed video intercom system at the entrance, covered parking, and a private storage room for each unit.

Luxury Options: Selected apartments offer the possibility of a private roof garden, providing additional space for recreation.