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.
The project is located in the very exclusive and prestigious urban area in Larnaca less than 3 km to the Larnaca beachfront Blue Flag beaches. The lovely residential neighborhood is quiet and family orientated surrounded by large luxury houses and residential properties. The project is very near to schools, walking distance to Lidl supermarket and the Metropolis Mall and with immediate access to highways to Nicosia, Limassol, Paphos and Ammoxostos. The famous Kamares Aquaduct and Larnaca salt lake and Cineplex entertainment complex is in close proximity.