€ 665 000

€ 7 644 / 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 Penthouse in Larnaca, Larnaka, Cyprus No. 44531

Bedrooms

87 sq.m.

Square

Parameters

Property Description

This project is located just in few hundred meters from the Famous Mackenzy Beachfront.

The project will consist of twenty spacious 1 and 2 bedroom apartments.

The penthouses will enjoy a magical panoramic south-east view of Larnaca.

All apartments are designed to have large living areas and balconies along with spacious bedrooms including ensuite shower rooms and walk-in wardrobes.

The modern design makes excellent use of features like quality italian ceramic finish, unique glass balconies and smart layout of living areas designed to offer optional space, privacy and also a views of the neighbourhood and famous Larnaca Salt Lake.

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