Studio Apartment in Oroklini, Larnaka, Cyprus No. 56911

Studio

Bedrooms

29 sq.m.

Square

€ 93 000

€ 3 207 / 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%

Parameters

Property Description

A modern student housing development featuring contemporary architecture and smart layouts optimized for space, comfort, and functionality. The complex is located in a picturesque area of Oroklini, Larnaca.

Residents enjoy premium on-site amenities including a welcoming lobby, a study and television lounge, fully equipped laundry facilities, and private parking.

Strategically located close to a planned university campus, the complex ensures strong long-term rental appeal. It also offers excellent neighborhood connectivity with fast access to the city center, nearby beaches, essential shops, and the international airport.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Car park

Studio

29 sq.m.

+ VAT

Studio

29 sq.m.

+ VAT

Studio

29 sq.m.

+ VAT

Studio

29 sq.m.

+ VAT