€ 920 000

€ 1 280 / 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%

719m2 Commercial property in Meneou, Larnaka, Cyprus No. 50148

719 sq.m.

Square

Parameters

Property Description

This apartment building in Meneou, Larnaca consists of seven apartments and is offered for sale as a whole property.

Each apartment has its own separate title deed, providing clear ownership structure. Detailed information about the individual apartments is available upon request.

The main features of the project and the units:
• 7-apartment building
• Located in Meneou, Larnaca
• Sale of the entire building
• Separate title deed for each apartment
• Detailed apartment information available upon request

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

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+ VAT

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+ VAT

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