€ 175 000

€ 2 108 / 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 Kiti, Larnaka, Cyprus No. 46460

Bedrooms

83 sq.m.

Square

Parameters

Property Description

This residential project consists of six luxury two-bedroom apartments, each offering a total covered area of 100 sq.m. The development is located in the heart of Kiti, combining a modern residential concept with a calm and comfortable living environment.

Each apartment is designed with a focus on space, functionality, and quality. The layouts include generous covered interiors complemented by covered verandas, while second-floor apartments benefit from private roof gardens, creating additional outdoor living areas. High-quality materials are used throughout, ensuring a refined and contemporary interior style.

All apartments are equipped with air conditioning in every room and feature practical storage solutions, including a walk-in wardrobe in the master bedroom. Private covered parking and a dedicated storage room are provided for each unit, enhancing everyday convenience.

The main features of the project and the units:
• Six two-bedroom apartments
• Total covered area of 100 sq.m per apartment
• Covered internal area of 85 sq.m
• Covered veranda of 15 sq.m
• Roof garden of 50 sq.m for second-floor apartments
• Air conditioning in all rooms
• Independent photovoltaic system for each apartment
• Private covered parking
• Storage room
• Walk-in wardrobe in the master bedroom
• High-quality finishing materials

The project has an EPC certificate with “A” energy efficiency rating.