€ 289 000

€ 2 822 / 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%

3 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 54800

Bedrooms

Bathrooms

102.4 sq.m.

Square

Parameters

Property Description

Discover this stylish 3-bedroom penthouse apartment in a contemporary new residential development in the sought-after area of Aradippou. Designed for modern living, this apartment offers an excellent opportunity for buyers seeking a high-quality property in a well-connected location.

The property features a bright open-plan living, dining, and kitchen area that flows seamlessly onto a large veranda, creating the perfect space for relaxing or entertaining. The apartment comprises three well-proportioned bedrooms, the master bedroom with an en-suite shower room, together with a modern family bathroom. The thoughtfully designed layout maximises both comfort and practicality for everyday living. Situated on the third floor of an elegant three-storey building with a lift, the property provides easy access and convenience for residents of all ages.

Additional benefits include a private covered parking space and a private storage room at ground floor level, adding valuable practicality for everyday living. Built to modern construction standards with quality finishes throughout, this apartment is ideal as a permanent residence, holiday home, or investment opportunity.

Aradippou is one of Larnaca's most established and desirable residential suburbs, offering a peaceful neighbourhood while remaining close to everything the city has to offer. The area provides an excellent selection of supermarkets, schools, cafés, restaurants, and everyday amenities, together with immediate access to the motorway network. Larnaca International Airport is approximately 10 minutes away by car, Finikoudes Beach and the city centre can be reached in around 10 minutes, while the popular Metropolis Mall is only 5 minutes away, making this an exceptionally convenient location for both residents and investors.