+ 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 Apartment in Larnaca, Larnaka, Cyprus No. 26702

3

Bedrooms

2

Bathrooms

103 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

This residence is offering a spacious 3-bedroom apartment extending from a shared entrance thereafter to a spacious lounge, open-plan kitchen (optional), dining area, bedroom with shower room and separate guest bathroom. The apartment benefit from allocated parking and excellent views of the city from the lounge and bedrooms.A retreat for those appreciating an inner city home in a convenient location has easy access to all amenities, restaurants, shops and schools and is within 10 min walking distance from the beach. This is central to amenities and road links, only 10 min walking distance from Phinikoudes Promenade,15 min walking distance from Patichio Park, bordering the Salt Lake, only 5 minute's drive to Larnaca International Airport and highway --links to Limassol, Nicosia and Paphos, insulated verandas, roofs and concrete surfaces, double glazed aluminium windows,A/C provision throughout the apartment, satellite installation with central antenna, covered parking space. 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

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26702

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 26702

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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