2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 51353

Bedrooms

Bathrooms

89 sq.m.

Square

€ 275 000

€ 3 090 / 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 modern residential development is located in a quiet area of Larnaca, just a short distance from the Metropolis Mall and key city destinations. Designed with a focus on comfort and functionality, the project offers a selection of spacious apartments suitable for contemporary living.

The development consists of a low-rise building with a limited number of units, creating a balanced and private residential environment. The apartments feature practical layouts with open-plan kitchens and balconies, providing comfortable indoor and outdoor living spaces.

A distinctive feature of the project is the availability of roof gardens for selected top-floor apartments, offering additional covered and uncovered outdoor areas that can be used for relaxation or leisure. The location provides convenient access to everyday amenities such as schools, shops, and restaurants, as well as easy connectivity to the marina and the airport.

The main features of the project and the units:
• Located in Larnaca near Metropolis Mall
• 3-floor building
• 6 apartments in total
• 2 one-bedroom apartments
• 2 two-bedroom apartments
• 2 three-bedroom apartments
• Roof garden for selected third-floor apartments
• Open-plan kitchen
• Balconies
• Private parking
• Storage rooms
• Provision for air conditioning
• Security access system
• Motion sensors
• Reinforced concrete structure
• Thermo-insulated walls and aluminium

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