+ 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 Aradippou, Larnaka, Cyprus No. 46669

2

Bedrooms

2

Bathrooms

77 sq.m.

Square

Parameters

Property Description

Located in Vergina, Larnaca, these apartments offer unobstructed views over a public park and a prime location within walking distance from the new Metropolis Mall. The area is only a few minutes’ drive from the city center, Larnaca International Airport, and the beach. The residences are built to the highest European standards, using high-quality materials and complying with antiseismic regulations. The neighborhood features convenient amenities, including a supermarket, a school, parks, and green areas, making it an ideal choice for comfortable living.

The main features of the project and the units:
• Public park view
• Walking distance to Metropolis Mall
• Few minutes’ drive to city center, airport, and beach
• Built with high-quality materials
• Antiseismic construction
• Close to supermarket, school, parks, and green areas

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

Features

Storage room

Storage room

Car park

Car park

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2 Bedrooms

77 sq.m.

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2 Bedrooms

77 sq.m.

+ VAT

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2 Bedrooms

77 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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