2 bedrooms Apartment in Aradippou, Larnaka, Cyprus No. 57820

Bedrooms

Bathrooms

80 sq.m.

Square

€ 275 000

€ 3 438 / 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

This new residential development offers a stylish collection of modern one- and two-bedroom apartments in Aradippou, ideally positioned in a quiet residential neighbourhood while remaining close to the city’s main amenities. With only 15 apartments in total, the development combines contemporary design, comfortable living spaces and a convenient location, making it an excellent choice for homeowners and property investors.

Each apartment has been thoughtfully designed to offer bright and functional interiors, complemented by modern finishes and energy-saving materials for improved comfort and efficiency. Residents benefit from a private parking space and private storage room, providing additional convenience for everyday living.

The third-floor penthouses feature private roof terraces, creating an attractive outdoor space to relax, entertain and enjoy open views across the surrounding area. The contemporary architecture and carefully planned layouts combine modern style with practicality, offering a comfortable living environment suited to today's lifestyle.

The development enjoys a prime location close to Metropolis Mall, supermarkets, shops, cafés, restaurants and a wide range of everyday services. Several schools, colleges and educational institutions, including private English schools, are also within convenient reach. Excellent road connections provide easy access to Larnaca city centre, the highway network and Larnaca International Airport, while maintaining the benefit of a peaceful residential setting away from the busiest parts of the city.

Aradippou is one of the most established and sought-after residential areas adjoining Larnaca, popular for its convenient location and excellent access to both the city and surrounding road network. The area offers an extensive selection of supermarkets, bakeries, pharmacies, schools, shops and other essential amenities, while Larnaca city centre and the coastline are only a short drive away. Its combination of quiet residential neighbourhoods and proximity to major commercial areas makes Aradippou an attractive location for permanent residence and property investment.

Features

Fast exit to the highway

Plastic windows with double glazing

Thermal and sound insulation of walls

Solar panel for water heating

Air Conditioners

Built-in closet