734m2 Commercial property in Oroklini, Larnaka, No. 44146
ID44146
€ 3 700 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
Property description
The Residential building presents an excellent ROI potential.The development will consist of 11 units, located in Livadia (Larnaca), only 250m from the sea, with easy access to all amenities such as shops, restaurants and shopping mall.
It offers a great investment opportunity with high buy-to-rent potential.
The project comprises of 1 and 2 bedroom apartments. Two of the top floor apartments will enjoy private access to their individual roof garden with full sea view and barbecue area as well as an extra room and WC-shower and storage.
Lastly, the two top floor apartments will have net metering, a photovoltaic system, Jacuzzi bar, 3 phase electric power and provision for underfloor heating.
The Project has EPC certificate with "B" Energy Efficiency Rating.
Contact the seller
CityOroklini
TypeCommercial property
Veranda typeOpen and covered
Living space734 m²
- m²
- sq. ft
Veranda area271 m²
- m²
- sq. ft
Price
- Price
- per m²
€ 3 700 000
- EUR €
- USD $
- RUB ₽
- GBP £
- TRY ₺
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+ VAT€ 920 000
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- GBP £
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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.