€ 260 000

€ 3 601 / 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 Oroklini, Larnaka, Cyprus No. 52886

Bedrooms

Bathrooms

72.2 sq.m.

Square

Parameters

Property Description

This contemporary residential development is located in the highly sought-after area of Oroklini, Larnaca, and comprises a boutique building of just two residential floors with only eight exclusive apartments, offering privacy, comfort, and a relaxed residential environment.

Designed with modern architecture and practical living in mind, each apartment features a well-planned layout that maximises space, natural light, and everyday functionality. Spacious interiors flow seamlessly onto generous balconies, creating comfortable living spaces ideal for both homeowners and investors.

The development has been carefully designed to provide convenience and ease of living, featuring a main entrance, elevator access, green areas, covered parking and private storage rooms for each apartment. High-quality construction and contemporary design elements combine to create a stylish and functional living environment.

Situated in one of Larnaca's most popular residential suburbs, Oroklini offers an excellent balance of tranquillity and convenience. Residents benefit from a wide selection of nearby amenities, including supermarkets, schools, pharmacies, cafés, restaurants, and everyday services. The beautiful beaches of the Dekelia coastline are only minutes away, while Larnaca city centre, the Finikoudes seafront promenade, and the marina can be reached within a short drive. Excellent road connections provide quick access to the motorway network and Larnaca International Airport, making this an ideal location for permanent residence, a holiday home, or a sound property investment.