€ 200 000

€ 2 500 / 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. 56331

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

Apartment for sale on the 2nd floor in Oroklini (Voroklini). The apartment is 80 sq.m. with 17.50 sq.m. of covered verandas. It comprises 2 bedrooms, 2 bathrooms, 1 kitchen, and 1 living room. It includes 1 closed parking space. The property has an energy certificate rating of A and is currently off-plan. It is conveniently located near the sea, seaside, mall, and city center. This apartment offers a combination of modern living and accessibility to essential amenities, making it an excellent investment opportunity.