+ 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 Oroklini, Larnaka, Cyprus No. 45187

2

Bedrooms

81 sq.m.

Square

Parameters

Property Description

A project, located in an excellent area with high indicators of growth and future development. The residence is only a few meters from the sea and combines a peaceful relaxing vibe with easy access to all amenities such as shops, restaurants and shopping mall.

The project consists of 1 and 2 bedroom apartments on a contemporary designed building with unique and modern architecture, offering functional living spaces. Each apartment is designed to provide privacy and comfort to its residents. All the apartments have spacious verandas providing beautiful view. The two top floor apartments 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, photovoltaic system, Jacuzzi bar and 3 phase electric power.

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

Features

Storage room

Storage room

Car park

Car park

Similar Property

495 000

2 Bedrooms

81 sq.m.

+ VAT

495 000

2 Bedrooms

81 sq.m.

+ VAT

490 000

2 Bedrooms

2 Bathrooms

81 sq.m.

+ VAT

490 000

2 Bedrooms

81 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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