€ 645 000

€ 7 963 / 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 Pyla, Larnaka, Cyprus No. 41388

Bedrooms

81 sq.m.

Square

Parameters

Property Description

A modern residential building, located in Pyla, Larnaca, within a walking distance to a Blue Flag beach. Ideally situated in a rapidly developing tourist-residential area, the project offers investment potential and is surrounded by numerous amenities.

The development consists of modern 1-, 2- and 3-bedroom apartments, each featuring private covered parking. Two top floor apartments include roof gardens with additional space.

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

Features

Storage room

Car park

2 Bedrooms

2 Bathrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT