+ 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 Apartment in Larnaca, Larnaka, Cyprus No. 26425

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

Parameters

Property Description

2BD and  2WC Garden apartment for sale with a large own garden 60 sq.m. This is a high-end project with a unique design that will change the look of Mackenzie area; located at only 80 meters from the beach. This luxurious residential project comprises two buildings  The project has a common swimming pool, 24/7 concierge services, and underground & covered parking spaces. 5 minutes from Larnaca Airport Nearby local amenities and restaurants Energy Efficiency Category: B. There is a garden 60 s.m.The project has ready to move in. 

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

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26425

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26425

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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