+ 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 Penthouse in Larnaca, Larnaka, Cyprus No. 26764

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

A fabulous 2BD penthouse for sale with the large roof garden of 39 sq.m.in a beautiful new project. A beautiful building with state-of-the-art modern design features boasting large airy verandas and very comfortable living spaces. All apartments are offered with Italian kitchens, granite worktops, walk-in showers, spotlights, storage rooms and covered parking. As this is an A’ class energy efficient building, you will be benefitting from much lower electricity bills which will allow for large long-term savings. Client selection of interior fixtures and fittings makes it possible to combine luxury and design to offer you the maximum in style and quality of living. This stunning and modern building is situated on a corner plot. It is located in one of the most beautiful regions Drosa just 500m walking distance to the Salt Lake, just 150 m to the Drosa Elementary school and a few minutes from the Finikoudes beach, with walking distance to public amenities. The ideal climate in the area all year round will ensure that residents can enjoy the surrounding nature. 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 Penthouse in Larnaca, Larnaka, Cyprus No. 26764

2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 26764

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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