€ 695 000

€ 3 658 / 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 Villa in Pyla, Larnaka, Cyprus No. 49430

Bedrooms

190 sq.m.

Square

Parameters

Property Description

This project is located one block from the coast, in a prime location close to the center of Larnaca. This area is one of the most sought-after on this part of the Cypriot coastline. The property will be surrounded by new individual houses, and owners will appreciate the peace and security of this quiet yet convenient location. Within walking distance is an eclectic mix of upscale hotels, cafes, and restaurants, as well as a wide range of shopping, entertainment, and leisure centers.

The spacious living areas offer owners opportunities to express their tastes. Open floor plans are always filled with light, ideal for the Mediterranean climate. Large sliding doors lead to a terrace, outdoor dining area, and pool. Each villa features excellent fixtures, fittings, and finishes, enhancing the building's status and elegance. Modern construction techniques, the latest technology, and energy-saving materials are used.

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