€ 170 000

€ 3 301 / 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%

1 bedroom Apartment in Oroklini, Larnaka, Cyprus No. 52277

Bedrooms

Bathrooms

51.5 sq.m.

Square

Parameters

Property Description

Living on the hillside above Oroklini offers a calm setting with beautiful open views of the sea and the Larnaca skyline. Mornings are peaceful, and the area is ideal for anyone who enjoys nature and a slower pace of life. Oroklini Beach is just a few minutes away, while walking paths and traditional taverns are close by. A short drive takes you to Larnaca’s city center, and the nearby highway makes it easy to travel to other parts of the island.

The development is a small, well-designed residential building with just 15 apartments spread over three floors, offering a quiet and private atmosphere. It is built with a reinforced concrete structure and includes proper thermal insulation to keep homes comfortable throughout the year. The building is energy efficient, featuring thermal aluminum windows and solar panels that cover the electricity needs of the common areas.

Each apartment includes covered parking with provision for electric vehicle charging and a private storage room. The interiors are finished with quality materials such as granite kitchen countertops and wall-hung toilets with concealed systems, while the common areas feature marble staircases. Residents also have access to a gym, a shared swimming pool, and a communal barbecue area. High-speed fiber optic internet and a video intercom system at the entrance add extra convenience and security.
Floor: Elevated Ground Floor