+ 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 Kiti, Larnaka, Cyprus No. 51296

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Boutique Living in Kiti

Located minutes from Larnaca center and the international airport, exclusive "Energy Class A" development offers just 8 premium apartments, ensuring ultimate privacy and comfort.

• First Floor: Comprises 2 spacious one-bedroom and 2 elegant two-bedroom apartments.
• Second Floor: Comprises 2 spacious one-bedroom and 2 elegant two-bedroom apartments.
• Exclusive Rooftop Gardens: The two-bedroom apartments on the second floor feature private rooftop gardens
• Boutique Design: Only 8 units across two floors for maximum privacy.
• Sustainability: Energy Efficiency Category "A" for reduced utility costs.
• Storage & Parking: Each apartment includes a private ground-floor storage room and a dedicated parking space.
• Prime Location: Immediate access to supermarkets, schools, and the highway.
• Completion Date: Second half 2027.
Floor: 1st

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Tile flooring

Tile flooring

Laminate Flooring

Laminate Flooring

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2 bedrooms Apartment in Kiti, Larnaka, Cyprus No. 51296

2 bedrooms Apartment in Kiti, Larnaka, Cyprus No. 51296

Features

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Tile flooring

Tile flooring

Laminate Flooring

Laminate Flooring

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