+ 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 Larnaca, Larnaka, Cyprus No. 26319

3

Bedrooms

3

Bathrooms

105.8 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

This is a new luxury building located in Larnaca, in the (Mackenzie) Mackenzie area just 2 minutes from the beach (Mackenzie) Mackenzie, in one of the most prestigious and tourist areas of Larnaca. (Mackenzie) Mackenzie is one of the most important and popular areas of Larnaca, full of restaurants, cafes, shops. The most popular beach is marked with the Blue Flag. Easy access to the beach. Available for outdoor activities and water sports. The building is just minutes away from Larnaca International Airport. The project offers an apartment with very comfortable living areas and a spacious veranda and has a view of the salt lake. The beach is only 200 meters from the building. The apartment will be equipped with a designer kitchen, granite countertops, and showers. There is covered parking and a storage room. You also have the opportunity to use smart technologies.The project is at an early stage of construction.

Features

Veranda

Veranda

Car park

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

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26319

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26319

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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