+ 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. 26563

2

Bedrooms

2

Bathrooms

90 sq.m.

Square

I quarter, 2023

Completion date

Parameters

Property Description

An Apartment is situated in a region of the New “Metropollis” Mall. The Prime location offers residents easy access in and out of the two residential towers. It is a crossroad for entering the city center and exiting towards the main highway network system, which links Larnaka to other major cities and destinations in Cyprus. Amenities are in abundance in the surrounding area. An apartment is located across high school, retail shops, and restaurants. The flowing, linear façade invites residents to escape the city and unwind in their very own. Take in the incredible views, or enjoy moments with family and friends in the landscaped common grounds and dining areas. Start the day in peace with a morning getaway in the underground retreat and meditation space. The linear design and cylindrical curves combine to become the façade of the two towers of the building, which accumulate into a clean, step-like frontage of more than 100 meters.  

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. 26563

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26563

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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