2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 51349

Bedrooms

Bathrooms

82 sq.m.

Square

€ 240 000

€ 2 927 / 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%

Parameters

Property Description

This residential development is located in a quiet and well-established area of Aradippou, Larnaca, offering a balanced lifestyle that combines convenience with a peaceful living environment. Positioned close to key amenities, the project provides easy access to shopping, dining, and entertainment options, as well as the city centre and main transport connections.

The development is designed to accommodate a variety of lifestyles, making it suitable for couples, families, and investment purposes. The apartments are spacious and thoughtfully planned to maximise natural light and functionality, creating comfortable and practical living spaces.

The building consists of three floors with a total of twelve apartments, offering a mix of one- and two-bedroom units. Each residence is designed with attention to detail, ensuring a consistent and comfortable living standard throughout the development.

The project also incorporates practical features such as parking and storage facilities, along with well-designed structural elements that support everyday living. Open views further enhance the overall residential experience.

The main features of the project and the units:
• Located in Aradippou, Larnaca
• 3-floor building
• 12 apartments in total
• 6 one-bedroom apartments
• 6 two-bedroom apartments
• 694 m² plot
• Ground floor parking spaces
• Storage room for each apartment
• Covered parking
• Photovoltaic panels
• Pressurised water system
• Aluminium frames
• Door phone system
• Security entrance doors
• Open views

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