€ 1 500 000

€ 6 173 / 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%

5 bedrooms Townhouse in Oroklini, Larnaka, Cyprus No. 52507

Bedrooms

Bathrooms

243 sq.m.

Square

Parameters

Property Description

For sale 5 bedroom detached house in Oroklini, Larnaca. It is in a great location, just 450 meters from the Radisson Beach Resort Larnaca and other major hotels, and 500 meters from the beach.

The residence offers spacious interiors, ideal for families or investment use, and is close to all the basic amenities such as schools, shops, restaurants and easy access to the main roads. It is an excellent choice for those who wish to combine permanent residence with the enjoyment of coastal living.
Floor: Ground Floor, 1st