+ 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 Penthouse in Larnaca, Larnaka, Cyprus No. 26553

2

Bedrooms

4

Bathrooms

87 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

A penthouse for sale on the 6th floor. It is a fabulous project which is located in a prestigious region.One of the three sixth-floor apartments of the project will have a private and luxurious penthouse on the seventh floor, with α magical panoramic south-east view of the City of Larnaca just 200 meters from the sea.  For those who prefer the top end of luxury, they can select to purchase a  penthouse with special features which boast luxury living. Plus an extra room on the roof garden, which you can build in the future. A roof garden supposes to be a size 62qs.m.All energy-efficient luxury apartments are designed to have ample living areas and balconies along with large bedrooms including en–suite shower rooms and walk-in wardrobes with features which boast luxury living to its limits. This residence has been fully designed and studied by a professional team of Architects, Engineers and Interior Designers. The modern design makes excellent use of features like top quality Italian ceramic finish, unique glass balconies and clever layout of living areas designed to offer optional space, privacy and also a view of the prestigious neighbourhood and Famous Larnaca Salt Lake. The project is located in the most prestigious area, the airport is three minutes away by car. The centre of Larnaca is five minutes away by car. Supermarkets are 15 minutes by car. This project combines both location and quality into one whole and adds a special status to the property that you purchase.The project is in the early stage of construction. 

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 Penthouse in Larnaca, Larnaka, Cyprus No. 26553

2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26553

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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