+ 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%

3 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26667

3

Bedrooms

4

Bathrooms

118 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

The new luxury development is located within walking distance to Mackenzy Beach only 400 m, just a few meters to the Salt Lake "Aliki" A penthouse for sale with 3BD and 4 WC for sale with a spacious covered veranda and a LARGE ROOF GARDEN 90m2 on a 6th floor, also can be built extra 2 BD. Its sole purpose is to secure and maximise its apartment owner's comfortable and private quality of life.  An apartment will benefit from a parking bay and storage room on the ground floor. The residence is characterised by its immediate access to the blue flag Mackenzy beaches,  and the careful design of its luxury and high-end apartment. A certificate of zero consumption and energy efficiency of grade “A”. The photovoltaic panels will be installed to produce renewable energy. The photovoltaic panels through “net metering” will make sure owners benefit from savings significant consumption. Near the project, you can easily find an airport, it's 3 mins by car. Larnaka centre is 5 mins, and the VIP location gives the project a special status—supermarkets in 15 mins from the project. The project is in the 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

3 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26667

3 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26667

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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