€ 585 000

€ 6 724 / 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. 49371

Bedrooms

Bathrooms

87 sq.m.

Square

Parameters

Property Description

This exclusive tower, located near the shoreline of the Mackenzie area, offers residents panoramic views of the Mediterranean Sea. Thoughtfully designed apartments with one, two, three, and four bedrooms create a sense of space, while the open-plan layouts ensure smooth movement between the living areas, kitchen, and terraces.

It also offers private underground parking and spacious storage facilities. The project is just a few minutes' walk from the renowned Mackenzie area with its stylish lounge bars and restaurants, as well as the Blue Flag-awarded Mackenzie Beach.

The Project has EPC certificate with "A" Energy Efficiency Rating.