€ 495 000

€ 5 824 / 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. 44380

Bedrooms

85 sq.m.

Square

Parameters

Property Description

The project is located in walking distance to Mackenzy Beach, just a few meters from the Famous Mackenzy Beachfront.

The project will consist of 15 spacious apartments of two bedrooms. The sixth floor of the project is entire apartment with three bedrooms and four bathrooms with spacious covered and uncovered balconies and roof garden.

Each apartment will benefit from a parking place and storage room on the ground floor.

The development will have an easy access to the blue flag beaches, panoramic and unobstructed views of the sea and the careful design.

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