2 bedrooms Apartment in Kiti, Larnaka, Cyprus No. 52220

Bedrooms

75 sq.m.

Square

€ 182 000

€ 2 427 / 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 residential development near Kiti Village offers a thoughtfully designed collection of six two-bedroom apartments that combine contemporary living with the tranquil character of one of Larnaca's most authentic areas. The project is built around the idea of elevated everyday comfort, where high-end finishes and carefully selected amenities come together to create spaces that feel both refined and genuinely liveable.

Each apartment features a master bedroom with an en-suite bathroom, generous verandas, and a well-designed open-plan layout that maximises natural light and creates a seamless flow between living spaces. Built-in soft-closing wardrobes, double-glazed thermal aluminum windows, and thermal insulation contribute to a sense of quality that runs through every detail. The project also includes provisions for electric vehicle charging and high-speed fiber optics, ensuring the homes are ready for modern needs.

The location strikes a balance between peaceful surroundings and practical connectivity. Situated in a quiet, picturesque neighbourhood, the development is close to the village centre and within easy reach of a green park, schools, a gym, cafés, supermarkets, and professional services. The beach is nearby for leisure, while the main highway and international airport provide convenient links to the rest of the island. The nearby port and marina add to the appeal of the area, which blends traditional charm with evolving infrastructure.

The main features of the project and the units:

- 6 two-bedroom apartments

- Master bedroom with en-suite bathroom

- Covered parking

- Private ground floor storage room

- Provision for electric vehicle charger

- TV intercom system

- Solar energy panels

- Provision for photovoltaic system

- Double-glazed thermal aluminum windows

- Thermal insulation

- Built-in soft-closing wardrobes