€ 300 000

€ 2 632 / 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 Townhouse in Dromolaxia, Larnaka, Cyprus No. 51445

Bedrooms

Bathrooms

114 sq.m.

Square

Parameters

Property Description

Located in the charming area of Dromolaxia, this new 3-bedroom townhouse is part of a residential project of only four houses, offering an excellent opportunity for homebuyers and property investors looking for a modern home in Larnaca.

The property has a total covered area of 148 sqm, including a spacious 34 sqm covered veranda, and is set on a 170 sqm plot, creating a comfortable balance of indoor and outdoor living. There is also the option to add a 27 sqm roof garden, providing extra space for relaxing, entertaining, or creating a personalised outdoor area. The home has an A energy efficiency rating, making it an attractive choice for energy-conscious buyers seeking a modern property in Cyprus.

This house enjoys a convenient location with excellent access to key points in Larnaca. It is situated just 2.7 km from Larnaca International Airport and 9 km from Larnaca city centre, making it ideal for both permanent residence and investment. Everyday amenities are close by, with cafes and restaurants only 2 minutes away, a supermarket within close walking distance, schools reachable within 10 minutes, a playground just 3 minutes away, and the beach only 4 km from the property.

Dromolaxia is a popular suburb of Larnaca that combines traditional Cypriot charm with modern amenities, offering a peaceful residential setting while remaining close to the city. This prime location, together with the property’s modern design and practical layout, makes it a strong option for anyone searching for a new modern home in Larnaca, or an investment property near Larnaca Airport.

Status: Off Plan