+ 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. 26527

2

Bedrooms

2

Bathrooms

89 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

The residence is a state-of-the-art complex whose attractive façade lends the building a unique charm. A Truly avant-garde residential complex consisting of two stylish blocks. The project is intended for those who value a convenient location, tranquillity and do not want to compromise when choosing quality housing for themselves and their loved ones. Silence and safety-these are precisely the factors that are important when choosing to buy real estate, especially with the prospect of living in it or renting. Why choose this project? Because there are no such proposals on the market. This project's main competitive advantage is the ratio of all residence characteristics and the price of the apartments. This fabulous residence is a beautiful, modern and impressive complex consisting of 2 blocks of apartments, Larnaca – Krasas. This residence is offering a two-bedroom apartment on the third floor. Energy efficient category: A, storage room, covered parking spaces, panoramic view, quiet neighbourhood, direct access to the main motorway networks, amenities Within a 5-minute walking distance (cinema, bakeries, supermarket, bank). A 10-minute drive from Larnaca International Airport, and a 10-minute walking distance from the new Metropolis Mall.

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

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26527

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26527

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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