This new residential property is located in the heart of Larnaca city near the American Academy. This area is a quiet sought after residential area in Larnaca which is close to the beachfront, town centre and private and public schools. With only a 10 minute drive to Larnaca International Airport these residences are ideal apartments for corporate businessmen and women, as it is near all amenities and the airport. For those with children the apartments are very close to excellent private and public schools for all ages, as well as universities and colleges for higher education. The main motorway is easily accessible and connects with all major cities in Cyprus.
The project has for whole floor apartments of which two are sold. The remaining two apartments are on the 1st floor and the 4th floor which also has two extra rooms on the roof garden. This is the ideal apartment building for families who appreciate privacy and want the whole floor to themselves. Both apartments have three bedrooms and three bathrooms with private parking bays and large storage rooms. These modern apartments are built to offer energy efficiency within large living areas and balconies that offer luxurious living. The apartments have been designed by a professional team of architects, engineers and interior designers. The bedrooms have en-suite bathrooms and the top floor apartment that is still available has an extra 2 rooms on the roof garden with special features for luxury living. Unique glass balconies and features like stone marble compliment the spacious living areas and allow panoramic views of the prestigious area. This project is expected to be completed before the end of 2019 complete with photovoltaic panels to produce renewable energy. All rooms will have provisions for air conditioning split units, TV and telephone and Ethernet points. Video phone entry will be connected to all apartments on the ground floor. Ceramic tiles of your choice will be placed throughout the apartment and the kitchen units will be made with high quality wood and melamine.
First time buyers who purchase a property for permanent residence or as a holiday home for their own use are entitled to a lower VAT Rate of 5% subject to the approval of the Cyprus VAT office. Otherwise, the standard rate of VAT in Cyprus is 19%.
METHOD OF PAYMENT
40% WITH THE SIGNING OF CONTRACT
10% WITH THE COMPLETION OF EXCAVATION WORKS OF THE SPECIFIC PROJECT
20% WITH THE COMPLETION OF FRAMEWORK OF THE SPECIFIC APARTMENT
10% WITH THE COMPLETION OF BRICKWORK OF THE SPECIFIC APARTMENT
10% WITH THE COMPLETION OF FLOOR TILING OF THE SPECIFIC APARTMENT
10% WITH THE COMPLETION OF THE SPECIFIC APARTMENT.
3 bedrooms, 3 bathrooms
Total area: 171m2
Covered area: 121m22
Price: €250,000 plus Vat
3 bedrooms, 2 rooms on roof, 4 bathrooms
Total area: 292m2
Covered area: 156m2
Price: €320,000 plus Vat