€ 295 000

€ 3 105 / 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%

3 bedrooms Apartment in Larnaka, Cyprus No. 58398

Bedrooms

Bathrooms

95 sq.m.

Square

Parameters

Property Description

This modern residential development in the Sotiros area of Larnaca combines contemporary architecture, open spaces and carefully considered design to create a comfortable and welcoming living environment. Clean, minimalist lines are complemented by an emphasis on natural light, quality materials and functional interiors, offering a refined approach to modern city living.

The development features a selection of one, two and three bedroom apartments, thoughtfully designed to provide a balance of practicality, elegance and everyday comfort. Each residence benefits from spacious verandas, premium finishes, private covered parking and a dedicated storage room, while the penthouse apartments are further enhanced by exclusive private roof gardens.

The Sotiros area is a well-positioned residential neighbourhood offering excellent access to the city’s main amenities. Metropolis Mall, Larnaca General Hospital, schools, supermarkets and everyday services are all nearby, while Larnaca city centre, Finikoudes Beach and the Salt Lake are just a short drive away. Convenient access to the main road network and Larnaca International Airport further enhances the location for both permanent living and investment.