+ 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 Oroklini, Larnaka, Cyprus No. 51582

2

Bedrooms

2

Bathrooms

77 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Located in a quiet residential building of only 10 apartments, this property is scheduled for completion in just 3 months.

Key Features:
Interior: 2 bedrooms and 2 bathrooms.
Outdoor Space: 10 m2 balcony, ideal for relaxation.
Additional Amenities: Private storage room and designated covered parking.
Location: Situated in an excellent neighborhood, within walking distance of schools, sports facilities, and parks, making it an ideal choice for families or as a high-yield investment.
Floor: 1st

Features

Balcony

Balcony

Similar Property

175 000

2 Bedrooms

2 Bathrooms

2 Floor

IV quarter, 2008

77 sq.m.

185 000

2 Bedrooms

77 sq.m.

+ VAT

188 000

2 Bedrooms

77 sq.m.

+ VAT

2 bedrooms Apartment in Oroklini, Larnaka, Cyprus No. 51582

2 bedrooms Apartment in Oroklini, Larnaka, Cyprus No. 51582

Features

Features

Balcony

Balcony

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