€ 150 000

€ 3 333 / 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%

1 bedroom Penthouse in Aradippou, Larnaka, Cyprus No. 49032

Bedrooms

45 sq.m.

Square

Parameters

Property Description

This three-story residential development includes 18 apartments with one to three bedrooms, each featuring a private balcony. Some penthouses have rooftop gardens.

Each unit is equipped with full wardrobes, a kitchen with a granite countertop, and full air conditioning. A dedicated storage room is provided for residents. The building also features a solar system for common areas and designated parking.

The main features of the project and the units:

• 3 floors
• 18 apartments
• 1-3 bedrooms
• Balconies
• Parking
• Some penthouses with rooftop gardens
• Full wardrobes
• Kitchen with granite countertop
• Full air conditioning
• Storage room
• Solar system for common areas

Features

Storage room

Car park

1 bedroom Penthouse in Kolossi, Limassol, Cyprus No. 48018

1 Bedrooms

47 sq.m.

+ VAT

1 Bedrooms

2 Bathrooms

48 sq.m.

+ VAT

1 bedroom Penthouse in Kiti, Larnaka, Cyprus No. 46919

1 Bedrooms

48 sq.m.

+ VAT

1 bedroom Penthouse in Zakaki, Limassol, Cyprus No. 46814

1 Bedrooms

42 sq.m.

+ VAT