+ 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. 26385

3

Bedrooms

4

Bathrooms

142 sq.m.

Square

Parameters

Property Description

More than a touch of class...a sense of style, an air of sophisticationThe complex really does offer the best of all worlds. The closeness to all the amenities that you would need, coupled with a stylish, secure and private environment that gives you ultimate control over your personal living.By day, expansive terraces will allow you to soak up the sunshine and the sparkling water vistas, whilst at night, the coast lights up and the stars put on their own special show. From here you can let the world below drift by and not worry about being overlooked. Designed by internationally-acclaimed architects, each apartment has the feel of a luxurious single-level house – with large bedrooms, generous living spaces, ducted air-conditioning, and private car parking. Living areas have been carefully designed to maximise the sense of light and openness by allowing the inside and the outside to merge into one. There is no compromise with finishes and fixtures. Well-planned sleeping, living and dining areas feature gleaming surfaces and design accents that are a statement of inner-city chic.

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. 26385

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26385

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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