€ 300 000

€ 3 797 / 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 Larnaca, Larnaka, Cyprus No. 47719

Bedrooms

Bathrooms

79 sq.m.

Square

Parameters

Property Description

This modern four-storey residential building consists of ten apartments, ideally located near the New Marina and the Radisson Blu Hotel. The project offers a convenient setting with easy access to city amenities and coastal attractions. All apartments provide immediate comfort and modern urban living in one of Larnaca’s most promising areas.

The main features of the project and the units:
• 4 floors
• 10 apartments
• Prime location near the New Marina and Radisson Blu Hotel

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