2 bedrooms Apartment in Pyla, Larnaka, Cyprus No. 58465

Bedrooms

Bathrooms

74 sq.m.

Square

€ 368 243

€ 4 976 / 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 residential and holiday development in the heart of Pyla, on the north-eastern outskirts of Larnaca, built around a signature 80-metre canal-style swimming pool. Two low-rise buildings, A and B, comprise 54 residences: studios and two-bedroom apartments on the first floor, one-bedroom apartments with private jacuzzi terraces on the second floor, and two-bedroom garden apartments on the ground floor opening directly onto the canal. Several studios face the canal. Every residence comes with an allocated parking space; private storage rooms are available as an option. The gated community offers cardio and weight gyms, a communal tennis court, bicycle storage and multi-point elevator access. Beaches are five minutes away, Larnaca city centre ten minutes, UCLan Cyprus University fifteen minutes and Larnaca International Airport twenty minutes.

The main features of the project and the units:

• 80 m signature canal-style swimming pool
• Gated community
• Ground-floor garden apartments on the canal; one-bedroom apartments with private jacuzzi terraces
• Cardio and weight gyms, communal tennis court
• Allocated parking space with every residence; storage rooms as an option
• Bicycle storage, multi-point elevator access
• 5 minutes to the beaches, 10 minutes to Larnaca city centre, 20 minutes to the airport

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

Features

Car park

Common area with pool

2 Bedrooms

2 Bathrooms

74 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

74 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

74 sq.m.

+ VAT

2 Bedrooms

74 sq.m.