+ 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. 30033

3

Bedrooms

2

Bathrooms

117 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

A 3-bedroom apartment is presented for sale. Located in an ideal location in the city of Larnaca, this luxurious residential complex consists of only five elegant apartments, offering a heightened standard of luxury and residential comfort, surrounded by lush greenery and embodying the harmonious combination of avant-garde architecture and refined elegance. The location offers:
- Convenient central positioning with access to a wide range of local amenities and services.- Numerous public and private educational institutions catering to your needs.- Medical facilities located nearby.- Proximity to gyms for fitness enthusiasts.- Various supermarkets and stores, including Sklavenitis and Superhome Centre, as well as a multitude of other shops for convenient shopping.- Access to a diverse range of professional services within reach.- The advantage of expedited travel routes, including access to the main highway and airport.- The benefit of proximity to prestigious institutions, such as the American University.- The building’s style combines glass, steel, wood, and concrete, creating a unique urban oasis. Each apartment offers spacious layouts, creative use of space, and sunlit interiors thanks to large verandas with glass fronts. The apartments are equipped with the latest technology and aesthetic innovations, creating exclusive and superior homes in design and comfort. Each of the luxurious apartments exudes style and is designed for optimal durability and minimal maintenance, ensuring their practicality and beauty.
The project is at an early stage of construction.

Features

Veranda

Veranda

Storage room

Storage room

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. 30033

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 30033

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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