€ 269 000

€ 3 405 / 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%

2 bedrooms Apartment in Larnaka, Cyprus No. 51456

Bedrooms

Bathrooms

79 sq.m.

Square

Parameters

Property Description

The project is a boutique residential complex consisting of 3 floors of 10 two and three bedroom apartments located in the Aradippou area just a few meters away from shops, cafes and many amenities. It is conveniently located near the main road of Larnaca. Each apartment has 2 spacious bedrooms with the master bedroom offering a private bathroom and an open plan kitchen and living room along with a guest bathroom offering comfortable living for each resident with complete privacy.

The beautiful residential neighborhood is quiet and family oriented and surrounded by large luxury homes and residences. The project is very close to supermarkets, and schools, but also with direct access to highways to Nicosia, Limassol, Paphos and Famagusta.

The project has been fully designed and studied by a professional team of Architects, Engineers and Interior Decorators. The contemporary design makes excellent use of features such as top quality Italian ceramic finishes, unique glass balconies and clever layout of living spaces designed to offer optional space, privacy and an exceptional view.

The project will have an 'A' energy efficiency rating as a photovoltaic system will be installed on the roof to generate renewable energy. Photovoltaic panels through 'net metering' will ensure that owners benefit from significant electricity savings.

Floor: 3rd