+ 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. 26650

2

Bedrooms

2

Bathrooms

78 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

An apartment for sale a penthouse 2 bedrooms and 2 toilets a the third floor with a large roof garden 45 sq.m.In a new and modern complex. This is a new residential project located in the Vergina area of Larnaca, in close proximity to the METROPOLIS shopping centre. The project is a 3-story building that boasts 7 unique apartments of various styles and number of bedrooms, all with spacious and modern living spaces. Each apartment has a private parking and storage room. The ideal location allows residents to feel secure in a quiet area with close proximity to major amenities such as supermarkets, cinema, Larnaca General Hospital and the newly built Metropolis Shopping Centre. The location provides immediate access to the main highway connecting Larnaca airport and all major cities. The project is at an early stage of 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 Penthouse in Larnaca, Larnaka, Cyprus No. 26650

2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26650

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more