€ 220 000

€ 2 683 / 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. 51828

Bedrooms

Bathrooms

82 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Newly built apartment for sale in the Krasa area (Krasa Hills), in a prime location with easy access to the highway and close to all essential amenities.

The apartment is situated on the 1st floor of a modern building consisting of a total of 9 apartments and features 2 bedrooms and 2 bathrooms. It offers comfortable internal living spaces and a covered veranda, designed for practical and modern living. In addition, it includes a private parking space and a storage room.

This makes it an ideal choice for both private residence and investment purposes.
Floor: 1st