€ 315 000

€ 2 442 / 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 Bungalow in Xylofagou, Larnaka, Cyprus No. 51233

Bedrooms

Bathrooms

129 sq.m.

Square

Parameters

Property Description

For sale is an attractive new bungalow offering comfort, quality and contemporary style, with completion scheduled for 2027. The property features a thoughtfully designed internal layout with three well-proportioned bedrooms and two modern bathrooms, making it an ideal choice for families or those seeking a stylish and comfortable home.

Designed with modern living in mind, the bungalow features bright open-plan living and dining areas that maximise natural light and create a welcoming atmosphere throughout. The outdoor areas provide plenty of space for relaxing or entertaining, with the option to add a private swimming pool to further enhance the lifestyle on offer. The property will be constructed to a high standard, with top quality build and finishes throughout.

Located in the peaceful village of Xylophagou, this home combines a tranquil setting with convenient access to everyday amenities. The area is known for its friendly community, scenic surroundings and relaxed pace of life, while still offering easy reach to local shops, cafés, traditional tavernas and essential services. The nearby highway ensures smooth connections to neighbouring towns, and the beautiful beaches of Ayia Thekla Beach are just a 10–15 minute drive away.

This is an excellent opportunity to secure a brand-new home in a growing and well-connected location. Contact us today for further information or to arrange a viewing.