+ 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 Penthouse in Kiti, Larnaka, Cyprus No. 55145

2

Bedrooms

77 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

2-BEDROOM PENTHOUSE APARTMENT IN KITI
Discover this spacious and well-designed penthouse apartment in the highly sought-after area of Kiti. Offering a comfortable and practical layout, this property is an excellent choice for families, couples, or investors seeking a home in a convenient and growing location.
The apartment features two well-proportioned bedrooms, including a master bedroom with an en-suite bathroom, providing added privacy and comfort. Air conditioning throughout ensures comfortable living all year round.
Ideally situated close to transportation links and local amenities, this penthouse combines convenience with modern living. Additional benefits include a covered parking space and internet connectivity.
Whether you are looking for a permanent residence, a holiday retreat, or a sound investment opportunity, this property offers excellent value in one of Kiti’s most desirable residential areas.
Key Features:
• Penthouse apartment
• 2 bedrooms
• Master bedroom with en-suite bathroom
• Air conditioning
• 1 covered parking space
• Internet access
• Close to transportation
• Convenient location
Delivery Date: 2nd quarter 2028
An excellent opportunity to own a comfortable and stylish penthouse home in the heart of Kiti.

Features

Internet

Internet

Off-plan development

Off-plan development

Garden

Garden

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2 bedrooms Penthouse in Kiti, Larnaka, Cyprus No. 55145

2 bedrooms Penthouse in Kiti, Larnaka, Cyprus No. 55145

Features

Features

Internet

Internet

Off-plan development

Off-plan development

Outdoor features

Garden

Garden

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