+ 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 Pervolia, Larnaka, Cyprus No. 49428

1

Bedrooms

55 sq.m.

Square

Parameters

Property Description

This complex comprises 22 apartments with 1 and 2 bedroom spread across two stylish buildings, offering views of a luxurious swimming pool, beautiful gardens, and breathtaking sunsets over the blue Mediterranean Sea. Each apartment includes large glass doors, spacious verandas, and rooftop gardens, providing stunning sea and sunset views.

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

Features

Storage room

Storage room

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Features

Indoor facilities

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