€ 325 000

€ 4 063 / 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. 50675

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This contemporary design residential building is conveniently located in just 560 meters from the blue flagged beach in Larnaca. All the necessary amenities as well as the cafeterias and restaurants are also nearby.

The project consists of 1, 2 and 3 bedroom apartments, all with covered verandas (some will enjoy spacious uncovered verandas) and the top floor apartments will have their private roof gardens.

Each apartment will have a dedicated storage room as well as the parking space.

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