€ 365 000

€ 2 967 / 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 Villa in Tersefanou, Larnaka, Cyprus No. 45199

Bedrooms

123 sq.m.

Square

Parameters

Property Description

It is a 3 block development comprising 62 units. The project has a selection of 1, 2 and 3 bedroom apartments as well as 4 houses.
The complex is set on an elevated land, directly overlooking the approved PGA golf complex. Each apartment benefits from the exclusive self contained resort facilities including; a large communal pool, club house and gym all surrounded by beautifully landscaped gardens.

The project is located on the outskirts of the traditional village of Tersefanou and is a 15 minute drive to the centre of Larnaca.

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