€ 3 600 000

€ 27 481 / 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 Penthouse in Larnaca, Larnaka, Cyprus No. 41844

Bedrooms

131 sq.m.

Square

Parameters

Property Description

This contemporary style complex, located in the seafront of Larnaca’s port, offers its residents a choice of 1, 2 and 3 bedroom apartments with spacious verandas, smart home system, a communal swimming pool and a modern design lobby. The top floor apartments will enjoy their private swimming pools.

Each apartment will have an allocated parking space (the top floor apartments will have 2 parking spaces each).

The development is just a few hundred meters from the sea and in close distance to the amenities.

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