+ 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. 26403

3

Bedrooms

5

Bathrooms

110 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

The highest building in Larnaka and conveniently situated on the main road of the most central intersection of the city. The complex faces the Mediterranean Sea, Larnaka Marina and the famous Finikoudes promenade; just 10 min away from the largest International Airport of the island. An architectural design is derived from the Mediterranean Sea, the origin of life and culture on the island.-Tallest building in Larnaka-Unique modern architectural design-Full sea views for all residential units-23.000 (2) m of total area-9.500(2)m of residential area -Public Plaza and retail shops on the ground floor-300 m(2) of creative arts gallery space-Indoor infinity swimming pool with full view to the sea at above 50 meters high.-Unique, specially designed member only club house-2 high end restaurants and afes on 13th-14th floors-Zero-energy buildingServices and amenities-24-hour reception-concierge service-fully equipped gym-spa with treatment room,sauna, and steam bath-Meeting room-Children’s play area-wi-fi throughout the building-Cleaning and gardening service

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

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. 26403

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26403

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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