€ 245 000

€ 3 141 / 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 Aradippou, Larnaka, Cyprus No. 48624

Bedrooms

78 sq.m.

Square

Parameters

Property Description

Located in a quiet residential area, this gated development consists of two contemporary buildings, each comprising 14 thoughtfully designed apartments. The project combines modern architectural elements with functional amenities, offering residents a private and comfortable living environment. Shared facilities include a communal pool area and a landscaped green space for residents' use.

Each apartment features open-plan layouts with generous proportions, high ceilings of 3 meters, and premium finishes throughout. Additional highlights include provision for electric vehicle charging, advanced CCTV security, photovoltaic panels for common areas, and dedicated covered parking and private storage rooms for each unit.

The development is designed with attention to practical details and energy efficiency, supporting both residential living and long-term investment potential.

The main features of the project and the units:

• Two residential buildings
• 14 apartments per building
• Gated development with landscaped communal areas
• Shared swimming pool
• 3-meter high ceilings
• 2.5-meter interior doors
• Top-to-bottom 3-meter kitchen and storage cabinetry (optional upgrades)
• Covered parking space for each apartment
• Private storage room for each unit
• Provision for electric vehicle charging
• CCTV system
• Photovoltaic panels for common areas
• Open-plan, spacious layouts

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