+ 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. 26626

2

Bedrooms

2

Bathrooms

81.2 sq.m.

Square

Parameters

Property Description

A new project located in the centre of Larnaca city, charmingly occupied by an area merged into a beautiful mosaic of sun and culture! Just 100 meters from the famous Ermou Street. This project certainly represents an additional move for the city of Larnaca. View from the window to the square. In the established energy efficiency category A, which will significantly reduce energy costs in the future. The project has a strategic location, 10 minute's walk from the Metropolis shopping centre and 3-minute walk from the Finikoudes promenade. The project is offering  2 bedrooms apartment with 2 WC which is located on the first floor. The project is under 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 Apartment in Larnaca, Larnaka, Cyprus No. 26626

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26626

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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