+ 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%

3 bedrooms Villa in Oroklini, Larnaka, Cyprus No. 47913

3

Bedrooms

3

Bathrooms

170 sq.m.

Square

Parameters

Property Description

Unique 9 Villas Gated Community –  3- & 4-bedroom villas – Oroklini Tourist Area

This residential project consists of nine villas located within a secure gated community, just 300 meters from the beach. The development offers modern infrastructure and smart home technology, providing functional living spaces close to essential amenities. The location ensures quick access to shops, cafes, pharmacies, and international schools, while Larnaca International Airport and the main highways are only a short drive away.

The main features of the project and the units:

• Nine villas
• Gated community
• 300 meters from the beach
• 200 meters to cafes, pharmacies, and shops
• 15 minutes to international schools and kindergartens
• 20 minutes to Larnaca International Airport

Upgraded Technical Specification included in the price: 

• Smart control system “aligned” for use as “provisions” for the below 

• Lights & Dimmer Switches
• Smart TV
• Music Surround System
• Electric Blinds
• Shutter Rolex Blinds
• Oven & Hob
• Air Condition Units

• Photovoltaic System for Penthouses and Villas
• Modern branded Wall-Hung Toilet System
• Concealed ITALIAN Shower and ITALIAN Mixer System
• Under Floor Heating in all bathrooms
• Heated Towell Rails
• RO Water Filter System
• Water Softening System
• Made to measure Mosquito Nets
• Digital Intercom System for each unit
• Digital Smart-Tech Operated Thermostat in all apartments to show and control hot water temperature
• Gypsum Board and Spotlights included above the kitchen units
• Water Pressure System
• Hot Water Return Pump that disperses hot water immediately
• Fiber Optic Internet connection upon delivery
• Provision for Electrical Car Charge

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

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