1 bedroom Apartment in Xylofagou, Larnaka, Cyprus No. 57056

Bedrooms

Bathrooms

61 sq.m.

Square

€ 118 000

€ 1 934 / 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

Discover a modern residential complex of contemporary apartments in the tranquil coastal area of Xylophagou. These thoughtfully designed units offer bright, spacious living with high-quality finishes, open-plan layouts and private balconies perfect for enjoying the Mediterranean climate. The development features a large communal swimming pool surrounded by sun loungers and lush landscaping, creating a resort-style atmosphere right at home.

Residents benefit from excellent location advantages — beautiful beaches, dreamlike seascapes and local attractions are nearby, with Ayia Napa just 8 minutes away and Larnaca only 20 minutes by car. This makes the complex ideal for both comfortable year-round living and strong investment potential.

The main features of the project and the units:

• Modern open-plan living, dining and kitchen areas
• Private balconies with pleasant views
• High-end kitchen with premium electric appliances
• Luxury bathrooms with contemporary fittings
• Large communal swimming pool and landscaped grounds
• Covered parking spaces
• Various unit sizes from approximately 60 m² to 122 m²
• 1-, 2- and 3-bedroom configurations available
• High-quality construction and premium interior finishes

The project has an EPC certificate with "A" energy efficiency rating.