€ 296 000

€ 2 041 / 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 Villa in Pyla, Larnaka, Cyprus No. 48462

Bedrooms

145 sq.m.

Square

Parameters

Property Description

A new residential development offers direct access to nearby beaches, parks, restaurants, and entertainment venues in the area. Its location also ensures immediate access to public transportation, making daily commutes and travel around the city convenient.

The architecture of the homes is designed to harmonize with the surrounding environment, while providing modern functionality and comfort. Each residence features spacious interiors, quality finishes, and large windows that allow for ample natural light. The layout of each house includes private gardens and terraces, creating outdoor spaces suited for relaxation in a coastal setting.

The main features of the project and the units:

• Easy access to beaches, parks, restaurants, and entertainment
• Immediate access to public transportation
• Contemporary architectural design integrated with the surroundings
• Spacious interiors with natural light
• Quality finishes throughout
• Private gardens and terraces for each unit

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