€ 289 000

€ 3 753 / 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 Kiti, Larnaka, Cyprus No. 56624

Bedrooms

Bathrooms

77 sq.m.

Square

Parameters

Property Description

Discover a new residential development in the heart of Kiti Village, offering a peaceful lifestyle within a charming residential neighbourhood while remaining close to all everyday amenities. This project comprises just six contemporary two-bedroom apartments, thoughtfully designed to combine modern architecture, comfort, and functionality, making them an excellent choice for permanent residence, a holiday home, or a property investment in Larnaca.

Each apartment has been carefully planned to maximise space, natural light, and practicality. Bright open-plan living areas, stylish interiors, and high-quality finishes create elegant homes designed for modern Mediterranean living. The development is built to Energy Efficiency Class A standards, offering reduced energy consumption and lower running costs.

This particular property is a spacious two-bedroom penthouse, offering an exceptional outdoor living experience with a large 86m² uncovered veranda, providing the perfect space for al fresco dining, entertaining, relaxing in the Mediterranean sunshine, or creating your own private outdoor oasis while enjoying the pleasant Cyprus climate.

Features:
• Convenient access to local amenities and everyday facilities
• Overlooking a green park
• Short drive to the beach
• Close to schools and educational centres
• Walking distance to the village square
• Medical centre nearby
• Close to supermarkets, bakeries, cafés, restaurants, and shops
• Easy access to the main highway
• Approximately 10 minutes to Larnaca International Airport
• Spacious 86m² uncovered veranda
• Covered private parking
• Private ground-floor storage room
• Provision for electric vehicle charger

Kiti is one of the most sought-after villages in the Larnaca district, offering the perfect balance between traditional Cypriot charm and modern convenience. Residents enjoy a relaxed village atmosphere with a lively central square, cafés, restaurants, supermarkets, schools, banks, and everyday services all within easy reach. The beautiful beaches of Pervolia and the Meneou coastline are only a few minutes away, while Larnaca city centre and Larnaca International Airport can be reached in approximately 10–15 minutes. Kiti also offers excellent access to the motorway, making travel to Nicosia, Limassol, and the rest of Cyprus quick and convenient. Its combination of peaceful surroundings, excellent infrastructure, and close proximity to the coast makes Kiti an increasingly popular choice for both homeowners and property investors.