€ 295 000

€ 3 598 / 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 Larnaca, Larnaka, Cyprus No. 49027

Bedrooms

Bathrooms

82 sq.m.

Square

Parameters

Property Description

Class A+++ Prime Residential Neighborhood – Super Luxury Smart Apartments. 1- & 2-bedroom apartments available – New Drosia

A new residential project is set in a prime neighborhood of Larnaca, offering 10 modern apartments with integrated smart home technology. Located 200 meters from the Salt Lake and Nature Reserve Park, the development is ideal for families, with a communal park just 50 meters away. It provides convenient access to local amenities, educational institutions, and Metropolis Mall, which is a 3-minute drive away. The airport and Finikoudes/Mackenzie Beach are reachable within 10 minutes.

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.