€ 450 000

€ 6 000 / 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 Larnaca, Larnaka, Cyprus No. 54977

Bedrooms

Bathrooms

75 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Apartment For sale, floor: 4th, in Larnaca City – City Center. The Apartment is 75 sq.m.. It consists of: 2 bedrooms, 3 bathrooms and it also has 1 parkings (1 Covered), Air conditioning are also available, the energy certificate is: Not required. The property’s status is: Under construction, it is close to Transportation, Sea. The Apartment is Penthouse and it also has the following unique features and advantages: Elevator, Storage, CCTV, Security alarm, Security cameras. Price: €450,000. Century 21 Cyprus