€ 260 000

€ 3 333 / 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 Aradippou, Larnaka, Cyprus No. 58229

Bedrooms

Bathrooms

78 sq.m.

Square

Parameters

Property Description

This new up-market residential development is conveniently located in Aradippou, in the suburbs of Larnaca, offering a combination of modern design, spacious interiors and a peaceful residential setting.

The project comprises a selection of one and two-bedroom apartments, thoughtfully designed with comfortable living spaces, large balconies and terraces. Each apartment benefits from covered private parking, private storage room and lift access, providing added convenience for everyday living.

This particular penthouse also features a private 69 m² roof garden, offering generous additional outdoor space for relaxing and entertaining, ideal for making the most of Cyprus’ warm climate and outdoor lifestyle.

Set in a quiet yet well-connected location, the development is just a few minutes’ drive from Larnaca town centre, with shops, supermarkets and everyday amenities within easy reach. Metropolis Mall is also nearby, while Larnaca International Airport can be reached in approximately 10 minutes by car.

Aradippou is a popular residential area adjoining Larnaca, offering convenient access to the city centre as well as the main road network. The area provides a good selection of schools, supermarkets, shops and other essential services, while its proximity to Metropolis Mall, Larnaca General Hospital and the surrounding commercial areas makes it a practical location for permanent residence.