€ 275 000

€ 2 292 / 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 Townhouse in Kiti, Larnaka, Cyprus No. 49090

Bedrooms

Bathrooms

120 sq.m.

Square

Parameters

ID

49090
City

Cyprus
Type

Townhouse
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Total floors

2
Bathrooms

3
Square

120 sq.m.
Land area

166 sq.m.
Veranda area

15 sq.m.
Completed

No

Property Description

A new residential project in the Kiti area, ideally located on the main street with easy access to all essential amenities. The development features three double-story houses with two bedrooms and two double-story houses with three bedrooms.

Each home is designed for comfortable living, with a functional layout and modern construction standards. The project is fully licensed, ensuring a secure investment in a well-connected neighborhood.

The main features of the project and the units:

• Licensed residential development
• Three 2-bedroom double-story houses
• Two 3-bedroom double-story houses
• Prime location with access to schools, shops, and main roads
• Modern design and construction standards

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