+ 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 Penthouse in Larnaca, Larnaka, Cyprus No. 26432

3

Bedrooms

3

Bathrooms

102.5 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

 Minutes away from city centre and within ambling distance to the upcoming new Marina and all amenities that Larnaca has to offer. Designed with the highest standards and an impeccable design, this complex will provide its future residents an exceptional living experience. Penthouse residents will also benefit from privately installed Solar Photovoltaic Systems, which will offer great financial savings. This excellently designed project offers functional yet gorgeous designed homes, which were built to offer you, our valuable client, the highest standard of living.The exterior design of the project combines clear architectural lines without excessive and unnecessary designs. Besides, simplicity is the ultimate sophistication.

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 Penthouse in Larnaca, Larnaka, Cyprus No. 26432

3 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26432

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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