€ 1 350 000

€ 4 655 / 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%

5 bedrooms Villa in Oroklini, Larnaka, Cyprus No. 55752

Bedrooms

Bathrooms

290 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Exclusive Off Plan luxury 5 Bedroom Villa with approved planning permission For Sale. The asking price is 1350000 Euro + VAT for a finished product without basement, and 1650000 Euro + VAT with the basement, which will prove an extra 2 Bedrooms and Living Room. The potential buyers can still ask for changes in the design and layouts to better suit their living styles. Attention to detail, as the house is equipped with a water softening system, pressurized water system, completely insulated, energy efficiency A. The Villa is a perfect family home with an open plan living space and kitchen equipped with the best-branded appliances. All five bedrooms contain an en-suite. Property also offering a Roof Garden with a jacuzzi, beautiful overflow Swimming Pool, with mosaic tiles, and marble border, and a large garden area and a BBQ to entertain friends and family.
Only 600m from the coast line! Close distance to all needed infrastructure.