€ 242 000

€ 3 025 / 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 Aradippou, Larnaka, Cyprus No. 47569

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

This residential development comprises 14 apartments across two adjacent plots, offering a selection of one and two-bedroom layouts. Each apartment is designed with comfort and functionality in mind, featuring spacious verandas, granite kitchen countertops, and ensuite walk-in showers. Penthouses include roof gardens, while all units come with private storage and covered parking. The development is located in a quiet residential neighborhood, adjacent to green parks, and is only minutes from Metropolis Mall, restaurants, supermarkets, schools, and essential local amenities. Larnaka city center and the beach are just 5 km away, with easy access to the Nicosia and Limassol highways. Provisions are included for air-conditioning and electric vehicle charging, and video intercom systems are installed in every apartment.

The main features of the project and the units:
•14 apartments across two plots
•1- and 2-bedroom layouts
•Spacious verandas
•Granite kitchen countertops
•Ensuite walk-in showers
•Modern design
•Adjacent to green parks
•Quiet residential neighborhood
•Roof gardens for penthouses
•Video intercom doorbell
•Double-glazed thermal aluminum windows and doors
•Marble communal staircase
•Glass veranda railing
•Provision for electric car charger
•Provision for air-conditioning
•Covered parking
•Private storage for each apartment
•Close to Metropolis Mall and local amenities
•5 km to the beach, 11 km to Larnaka International Airport
•Easy access to Nicosia & Limassol highways