€ 222 000

€ 3 083 / 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 Oroklini, Larnaka, Cyprus No. 40796

Bedrooms

72 sq.m.

Square

Parameters

Property Description

Modern residential building located in Oroklini, comprising two residential floors with a shared roof top with a garden.

The project includes 8 apartments. It has fully integrated modern features: equipped with an elevator, solar water heaters, photovoltaic panels, spacious balconies, green areas, storage spaces and a private parking space for each apartment.

The Project has EPC certificate with "A" Energy Efficiency Rating.