+ 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. 26382

3

Bedrooms

3

Bathrooms

109 sq.m.

Square

IV quarter, 2022

Completion date

Parameters

Property Description

The mid-rise apartment building is designed for those who share similar values and cultural ideas, and aims to deliver a calm environment for residents to enjoy and embrace,gically positioned to overlook the new port and marina along Larnaca’s waterfront it is only steps from some of the finest restaurants and shopping that the city has to offer. The building’s facade deliberately imitates the ever-changing surface of the sea with its undulating curves, dips and peaks so that the overall effect is one of not only adapting to the surroundings but of actually contributing by adding a new distinctive architecture From artistic to trendy, from modern urban to traditional,Larnaca residents enjoy much more than the balmy Mediterranean weather. Larnaca is a city where people can walk, ride bikes or push baby strollers; where they can feel safe on the streets day or night, and everyone can explore a longer list of things to do than they could ever imagine. The city and its environs are rich in shopping, gourmet and traditional restaurants, art galleries and cultural offerings, museums rich with ancient artefacts, and a year-round calendar of sporting and recreational activities. This growing seaside leisure and economic centre appeals to everyone who appreciates its casual atmosphere and outgoing personality. And with amenities that cater to an upwardly mobile community, Larnaca offers great benefits and advantages

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. 26382

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26382

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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