€ 650 000

€ 5 778 / 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%

2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26342

Bedrooms

Bathrooms

112.5 sq.m.

Square

III quarter, 2023

Completion date

Parameters

ID

26342
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

6

Bathrooms

3
Square

112.5 sq.m.
Veranda area

38 sq.m.
To sea

100 m
Completion date

III quarter, 2023
Completed

No

Property Description

A high-end residential project at 100 meters from Mackenzie beach in one of the most prestigious and touristic areas in Larnaca. High-End Residential Project 1, 2 & 3 Bedroom Apartments Penthouse Apartments with Roof Terrace Sea View 100 meters from Mackenzie Beach Located in the Best Touristic Area in LarnacaYou can build an extra 2 rooms and extra WC

Features

Veranda

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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