€ 210 000

€ 3 750 / sqm

+ 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%

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 26885

Bedrooms

Bathrooms

56 sq.m.

Square

II quarter, 2024

Completion date

Parameters

ID

26885
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

1
Floor

2

Bathrooms

1
Square

56 sq.m.
Veranda area

15 sq.m.
To sea

605 m
Completion date

II quarter, 2024
Completed

No

Property Description

A new project in the promising New Marina area. Modern layout, stylish finishing of the building, living room with open plan kitchen. Supermarkets Lidl and Stelios are 5 minutes' drive away. Infrastructure nearby. Also nearby is a school and a park. The project offers an apartment with 1 room and 1 toilet on the first floor. Spacious, bright rooms, living room with open plan kitchen. Finishing materials and high-quality plumbing. The complex is located next to city infrastructure. The amazing location gives great prospects for the project, as in the future the largest New Marina in Cyprus will be built in the area where the project is located. The center with shops and yachts will move to a new area, and apartment prices will rise. The project is located 10 minutes from Larnaca. Located in a quiet and prestigious area. 3 minutes to the beach. You can also find the easiest highway to the cities: Nicosia, Limassol, Ayia Napa.

Features

Veranda

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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