€ 285 000

€ 3 563 / 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. 40515

Bedrooms

Bathrooms

80 sq.m.

Square

IV quarter, 2021

Completion date

Parameters

Property Description

A new fully furnished 2-bedroom apartment in Drosia area Larnaca.

The apartment has an internal area of 80sq.m. and it enjoys a balcony of 40 sq.m. It also has a covered parking space and a storage room on the ground floor.
The building has 2 apartments per floor and all of them have 2 bedrooms and 2 bathrooms.

The location of the building is ideal as all amenities are within walking distance while there are bus stops near the building.
Also only few minutes drive from Finikoudes beach and Metropolis Mall.
Floor: 2nd