€ 230 000

€ 2 277 / 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 Aradippou, Larnaka, Cyprus No. 47975

Bedrooms

Bathrooms

101 sq.m.

Square

Parameters

Property Description

The project consists of six 3-bedroom and two 2-bedroom apartments located in Aradippou, Larnaca. Each apartment includes a covered parking space, a private storage room, and air-conditioning units in all areas. A 2kW photovoltaic system will be installed for the communal areas.

The main features of the project and the units:

• Six 3-bedroom apartments
• Two 2-bedroom apartments
• Covered parking space
• Private storage room
• Air-conditioning units included
• Communal photovoltaic system (~2kW)

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