€ 247 000

€ 2 600 / 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%

3 bedrooms Apartment in Kiti, Larnaka, Cyprus No. 47915

Bedrooms

95 sq.m.

Square

Parameters

Property Description

This residential development is located in Kiti Village, close to the central square and within easy reach of shops, restaurants, and other essential amenities. The project consists of six units, including ground-floor apartments and penthouses designed to provide comfortable living spaces. Only three units remain available.

The main features of the project and the units:

• Six residential units
• Ground-floor apartments and penthouses
• Located near the village square in Kiti
• Close to shops, restaurants, and amenities
• Spacious living areas
• Thermal insulation
• Privacy and secure location

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