€ 270 000

€ 3 241 / sqm

+ 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. 26608

Bedrooms

Bathrooms

83.3 sq.m.

Square

III quarter, 2025

Completion date

Parameters

ID

26608
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

3

Bathrooms

2
Square

83.3 sq.m.
Veranda area

22 sq.m.
To sea

4.4 km
Completion date

III quarter, 2025
Completed

No

Property Description

The luxury block consists of three floors. The highly original and innovative building has a contemporary design that skilfully combines the perfect blend of visionary architecture and ultra-luxurious interiors for the ultimate in contemporary living. The building is located a 10-minute walk from the new Metropolis Mall (Metropolis), near the centre of Larnaca. The airport is only 10 minutes away. The hypermarket is 10 minutes away by car. The premium location allows you to enjoy all the amenities located in the area. According to category A energy efficiency, electricity bills will be significantly lower in the future, which will have a positive effect on the ability to invest in real estate and rent it out in the future. This residence is offering an amazing penthouse with a beautiful view of the modern areas around and a huge roof garden 66.55 sq.m..Also, this apartment is an amazing option to buy for your own use, the Vergina area is rapidly developing and becoming more modern. The project is under early-stage construction

Features

Veranda

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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