+ 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. 26482

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

I quarter, 2023

Completion date

Parameters

Property Description

This striking new collection of Exclusive Apartments is located in Chrisoupoleos Street near to the Kamares Aqueduct. Residence offers spacious two bedroom apartments of contemporary Architecture ideal for First Time Home buyers or as a sound Buy-to-Let Investment. The Building is a South Facing 4 floors Apartments Building comprising of 8 two bedrooms and Two Bathroom Apartments offering a great location for easy access to all amenities and main Roads leading to Nicosia and Limassol. Beach: 10 minutes by CarCoffee shop: 5 minutes by WalkAirport: 7 minutes by CarBus station: 1 minutes by WalkHospital: 5 minutes by CarSuper market: 10 minutes by WalkUniversity: 15 minutes by CarSchool: 5 minutes by WalkPark: 1 minutes by WalkCinema: 5 minutes by Walk

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. 26482

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26482

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