€ 400 000
€ 4 819 / sqm
+ VAT
+ 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.
2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26678
2
Bedrooms
2
Bathrooms
83 sq.m.
Square
I quarter, 2026
Completion date
Parameters
Property Description
A 2 BD penthouse for sale on the 4th floor has a large roof 55sq.m. garden in a new residential project in the very exclusive and prestigious Faneromeni area in Larnaca overlooking the Larnaca Salt Lake less than 10 minutes walking to Finikoudes, Larnaca, 10 minutes drive to Larnaca Airport. The project boasts eight two-bedroom and two-bathroom apartments- all with spacious and contemporary living areas. The fourth-floor penthouse of two bedrooms and two bathrooms benefit from large covered balconies to owners who prefer luxury living and benefit from a large bar and barbecue area on the roof garden and panoramic views of the Famous Larnaca Salt Lake. Each apartment has one parking bay and a storage room on the ground level.The lovely residential neighbourhood is quiet and family orientated surrounded by large luxury houses and residential properties. The project is very near to supermarkets, and private schools such as the American Academy and with easy access to highways to Nicosia, Limassol, Paphos and Ammochostos. The Famous Larnaca Salt Lake and Cineplex Entertainment Complex is in close proximity.This residence has been fully designed and studied by a professional team of Architects, Engineers and Interior Designers. The modern design makes excellent use of features like top-quality Italian ceramic finish, unique glass balconies and clever layout of living areas designed to offer optional space, privacy and also a view of the prestigious neighbourhood and Famous Larnaca Salt Lake.The project will have an energy efficiency of grade “A” since photovoltaic panels will be installed on the roof in order to produce renewable energy. The photovoltaic panels through “net metering” will make sure owners benefit from significant savings in electricity consumption.The project is in the early stage of a construction
Features
Veranda
Barbecue area
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