€ 445 000
€ 4 541 / sqm
+ VAT
+ 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.
3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26316
3
Bedrooms
2
Bathrooms
98 sq.m.
Square
I quarter, 2021
Completion date
Parameters
Property Description
An apartment for sale with 3 BD and 2 WC. The construction of the building has finished in 2021 year.This building Tower is a 7-floor luxury apartment building excellently located in Larnaca town centre in a quiet residential and historical area behind the American Academy school and close to amenities. The famous Finikoudes sea promenade is in a walking distance. Larnaca also hosts the main International Airport at a distance of 8.3 km. Three apartments are allocated to each floor, all of which consist of open plan living and kitchen area, 2 bedrooms (master with en-suite shower), main bathroom, and a covered veranda. The top-floor apartments located on the 6th floor enjoy individual access to their private roof garden on 7th floor hosting the 3rd bedroom, wc/shower room and barbeque area. These flats also benefit from solar panel net metering, offering the prospective buyer an extra financial incentive. Additional features: Hidden ceiling lighting feature in living area allocated parking and storage Audio & Video Door Entry System with remote control bar entry for tenants. high quality construction Smart home provision class A energy efficient south orientation of project providing light and airy units. The sectioned architectural design of tower allows independent positioning of the apartments on each floor, offering maximum privacy. A huge demand for rentals has been noticed in this area. An excellent investment opportunity that can create an income of 5% from yearly rentals and up to 9% for short term rentals. Title deeds guaranteed. Price +VAT Show flat available for viewing by appointment. LarnacaLocationLarnaca TownYear Built2021
Features
Storage room
Car park
Statistics
€ 3 329
Price per sq.m.
166
Quality of Life Index
53
Cost of Living Index
Choose a city for comparison
Parameters
Larnaca
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 796
Apartment (1 bedroom) Outside of Centre
€ 599
Apartment (3 bedrooms) in City Centre
€ 1 475
Apartment (3 bedrooms) Outside of Centre
€ 1 094
Buy Apartment Price
Price per square metre in the city centre
€ 3 329
Price per square metre outside the city centre
€ 1 780