+ 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. 26671

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

2BD penthouse for sale with a large roof garden 54m2  in a new residential project located next to the beautiful 18th-century Kamares aqueduct in the centre of Larnaca City.  This residence  will comprise 6  luxury apartments with amazing views of Kamares Aqueduct    Each apartment has one parking bay and storeroom. This amazing residence is situated close to all amenities and with a spectacular view of the l8th century Kamares Aqueduct.    All energy-efficient luxury apartments are designed to have large living areas and balconies along with large bedrooms including En-suite shower rooms and built-in wardrobes and customized kitchens,  has been fully designed and studied by a firm of leading architects, engineers, and Interior designers. The modern design of the exterior and internal of the building makes excellent use, and the smart design layout of living areas is designed to offer optional space, privacy, and views of the prestigious neighbourhood.  Salt Lake views & front-facing green area, Ideal for families,  affordable prices    Near to the First Mall in Larnaca: Metropolis Mall Hospitals, Educational institutions and Local Amenities. 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

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26671

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26671

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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