€ 1 300 000

€ 5 532 / 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%

5 bedrooms Villa in Oroklini, Larnaka, Cyprus No. 46097

Bedrooms

235 sq.m.

Square

Parameters

Property Description

Not more than 5 minutes drive from Larnaca town centre, these residences are located in an established residential area, 500m from the beach. The location provides privacy and easy accessibility to town. Independent modern-design villas comprise of three bedrooms, laundry, gardens and private optional pool. These residences come with the option of five designs, internal layouts and external finish.

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