€ 499 000

€ 2 901 / 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%

4 bedrooms Villa in Dromolaxia, Larnaka, Cyprus No. 50910

Bedrooms

Bathrooms

172 sq.m.

Square

Parameters

Property Description

This stunning villa is located on an exclusive new development of just 20 contemporary three- and four-bedroom homes in Dromolaxia, designed to deliver a refined blend of comfort, style, and long-term value. Set within a peaceful, low-density residential area with green spaces, the project stands out for its high-quality finishes, premium specifications, and modern architectural design, making it an excellent choice for family living, a holiday home, or a smart property investment.

The villa itself is especially appealing, as it is almost completed and offers the opportunity to secure a brand-new home in a sought-after location without a long waiting period. It features a private roof garden that adds valuable outdoor living space, ideal for relaxing, entertaining, and enjoying the surrounding views. A pergola can also be added on the roof garden at an extra cost, allowing buyers to further enhance the space to suit their lifestyle. While the property does not currently include a swimming pool, one can be added at an additional cost, offering even more flexibility for those seeking a more luxurious outdoor setting.

Located just 3 km from Larnaca city centre, this new development enjoys excellent access to the main highway network connecting Larnaca with Limassol, Nicosia, and other major cities across Cyprus. Positioned on elevated ground, it benefits from beautiful unobstructed views of the sea and countryside, creating a unique sense of privacy and tranquillity while remaining close to everyday conveniences.

The location also places residents within easy reach of some of the area’s most popular beaches, including Meneou Beach, Kiti Beach, and Pervolia Beach, while Larnaca International Airport is only 2 km away. Combining a prime setting, contemporary design, and the option to further customize outdoor features, this almost-completed villa presents a rare opportunity to own a modern home in one of Larnaca’s most well-connected and fast-growing residential areas.