+ 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 Penthouse in Aradippou, Larnaka, Cyprus No. 47170

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

Parameters

Property Description

This two-storey residential building in the area of Vergina in Larnaca combines contemporary architecture with a high level of functionality. The modern design focuses on detail, comfort, and resident privacy. The development consists of spacious two- and three-bedroom apartments designed to meet current living needs.
The apartments on the second floor feature private roof gardens, offering an exclusive outdoor space for relaxation and enjoyable views. Each roof garden also includes two covered parking spaces for added convenience.
The project has been created through the careful work of an experienced team of professionals, aiming to deliver a comfortable, modern, and high-quality living environment.

The main features of the project and the units:
• Two-storey residential building
• Apartments with 2 and 3 bedrooms
• Modern design and high functionality
• Spacious layouts
• Private roof gardens for second-floor apartments
• Two covered parking spaces per roof garden
• Designed by a team of experienced professionals

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

Features

Storage room

Storage room

Car park

Car park

Similar Property

230 000

2 Bedrooms

3 Bathrooms

82 sq.m.

+ VAT

235 000

2 Bedrooms

2 Bathrooms

82 sq.m.

+ VAT

Verified property

2 bedrooms Penthouse in Strovolos, Nicosia, Cyprus No. 55254

253 800

2 Bedrooms

2 Bathrooms

IV quarter, 2026

82 sq.m.

+ VAT

260 000

2 Bedrooms

82 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more