€ 400 000

€ 5 195 / 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. 26637

Bedrooms

Bathrooms

77 sq.m.

Square

Parameters

ID

26637
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

2

Floor

4
Bathrooms

2
Square

77 sq.m.
Veranda area

17 sq.m.
To sea

1.4 km
Completed

No

Property Description

A new, unique project in the Faneromeni area, one of the most equipped and prestigious and elite areas of Larnaca. The project offers for sale a luxury penthouse with 2 spacious rooms and 2 toilets. A penthouse has a covered veranda of 17 m2 and its own roof garden of 63 m2. The location of this project increases the liquidity of the property investment. The project is located just a few minutes from the famous Finikoudes beach and is just a few km from big supermarkets, the nearest Metro supermarket is only 859 meters from the project building. The new and modern "Metropolis" Mall is located two km. You can walk to the Finikoudes promenade and visit local restaurants and other entertainment. The building of the project is equipped with an energy efficiency certificate of class "A", this will help save on electricity in the future and reduce the bills. The future project will offer its residents the best living conditions. The project is at the early stage of 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