2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 52808

Bedrooms

82 sq.m.

Square

€ 270 000

€ 3 293 / 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 unique project will be in a lovely residential area of Larnaca near to Metropolis Mall. A high-end project facing a public garden and surrounded by restaurants, cafes, shops and other services.

It is a 4 floor building with quality materials and finishes of spacious apartments with gorgeous view of the surrounding area.

The development is a great option for those who want to live in a quiet and peaceful place near all amenities.

The Project has EPC certificate with "A" Energy Efficiency Rating.