+ 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. 26554

2

Bedrooms

2

Bathrooms

84 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

The project boasts FIVE floor apartments. There are 2 apartment per storey from from first to fourth floor, one with one bedroom and one with 2 bedrooms – all with spacious and contemporary living areas. The FIFTH floor – whole floor apartment with 3 bdrooms and 3 bathrooms benefits from individual private and luxury roof-gardens ON THE SIXTH floor with amazing views of Larnaca Town Centre. Each apartment has one parking bay and one large storage room.The lovely residential neighborhood is quiet and family orientated surrounded by classic large luxury houses. The project is walking distance to the beachfront, town centre and private/public schools.All energy efficient luxury apartments are designed to have large living areas and balconies along with large bedrooms including en –suite shower rooms and walk-in wardrobes. For those who prefer the top end of luxury they can select to purchase a three bedroom penthouse plus a room on the roof-garden with special features which boast luxury living to its limits.

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. 26554

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26554

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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