1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 57739

Bedrooms

49 sq.m.

Square

€ 170 000

€ 3 469 / 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 eco-luxury residence featuring expansive windows, a rooftop garden, and a stunning pool overlooking the Salt Lake. Designed for sustainable living without compromise, it blends contemporary architecture with natural beauty, offering a serene and energy-efficient retreat in one of Larnaca’s most desirable locations.

The main features of the project and the units:

• 10 apartments
• 1 and 2 bedroom units
• Rooftop garden
• Stunning pool overlooking the Salt Lake
• Expansive windows

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