€ 255 000

€ 3 248 / 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. 57360

Bedrooms

Bathrooms

78.5 sq.m.

Square

Parameters

Property Description

Situated in the highly desirable residential area of Oroklini, this exceptional new development offers a contemporary lifestyle that perfectly combines quality, comfort, and convenience. Comprising just 16 beautifully designed apartments, the project has been carefully created to provide elegant homes for both permanent living and investment.

Designed with attention to every detail, the development showcases modern architecture with clean lines, quality finishes, and thoughtfully planned interiors. Spacious open-plan layouts maximise natural light, creating bright and welcoming living spaces that are both practical and stylish. Every residence has been designed to offer a comfortable and relaxing environment with an emphasis on modern Mediterranean living.

This particular property is a 2-bedroom penthouse featuring a private roof garden, providing the perfect space for outdoor dining, entertaining, or simply relaxing while enjoying the open views and refreshing breeze. The apartment combines spacious interiors with excellent outdoor living, making it ideal as a permanent residence, holiday home, or investment property.

Residents can enjoy beautifully landscaped communal gardens surrounding an attractive communal swimming pool, creating a peaceful setting to unwind. The development also offers covered private parking and a private storage room for each home, ensuring both convenience and practicality.

Located close to the popular tourist area of Dhekelia Road, the development is within easy reach of beautiful beaches, luxury hotels, cafés, restaurants, and a wide range of everyday amenities, allowing residents to enjoy the perfect balance between a peaceful residential setting and a vibrant coastal lifestyle.

Oroklini is one of Larnaca's most sought-after residential areas, offering an excellent combination of village charm and modern convenience. Ideally positioned just a few minutes from beaches, the area provides easy access to supermarkets, shops, schools, cafés, restaurants, and leisure facilities. Larnaca city centre is approximately 10 minutes away, while Larnaca International Airport can be reached in around 20 minutes. With quick access to the motorway connecting all major cities in Cyprus, Oroklini is an excellent choice for both homeowners and investors seeking a well-connected location close to the coast.