+ 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. 26675

2

Bedrooms

3

Bathrooms

103 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

A 3BD and 2 WC apartment for sale. Exquisitely designed to the finest detail, these spacious apartments offer all the amenities of a modern lifestyle. Every apartment comprises two bedrooms and two bathrooms and is constructed with generous proportions, using top-quality building materials, and finished to the highest of standards. The residences feature comfortable, open-plan living areas that extend onto large, ample balconies serving up views of the cityscape below. Large, carefully placed windows allow an abundance of natural light to stream in, creating the essence of true Mediterranean living. Each apartment includes one covered parking space as well as a storage room on the ground door. The project is in the  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. 26675

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26675

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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