€ 320 000

€ 3 636 / 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%

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 28950

Bedrooms

Bathrooms

88 sq.m.

Square

I quarter, 2025

Completion date

Parameters

ID

28950
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

4

Bathrooms

2
Square

88 sq.m.
Veranda area

27 sq.m.
To sea

350 m
Completion date

I quarter, 2025
Completed

No

Property Description

2BD apartment for sale with sea view in a very modern and new project. The project is In the city centre of Larnaka creating a contemporary building with modern apartments ideal for families and individuals who want to live in the centre of the city, within walking distance of the promenade and the famous Phinikoudes beach. The carefully designed apartments offer functionality and comfort, where the high-quality standard in construction and materials raise the standard of living. The premium residences include spacious apartments with large balconies, parking lots and storerooms. The building is with 5 floors. The project is in the early stage of construction. Specifications:-Photovoltaic panels for common areas-Individual solar water heater for each apartment-Wooden floor-Technogranite kitchen counters-Security camera at entrance and controlled access-Thermal insulation-LED Lights-Energy Certificate Class A

Features

Veranda

Car park

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