+ 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 Penthouse in Larnaca, Larnaka, Cyprus No. 31804

3

Bedrooms

3

Bathrooms

105.2 sq.m.

Square

Parameters

Property Description

Immerse yourself in the epitome of luxury with this exceptional residential opportunity, conveniently located just moments away from Metropolis Mall. The project is in the early stage of construction, offering a prime chance to secure your future home.
This exclusive development features a selection of meticulously designed 1, 2, and 3-bedroom apartments, each epitomizing elegance and sophistication. Delight in the refined interiors and expansive balconies that provide breathtaking views of a verdant public garden, creating a peaceful oasis for your spacious living areas.
Expertly crafted to integrate perfectly with its environment, this project emphasizes privacy, comfort, and affordability, making it the perfect sanctuary for families. With essential amenities readily accessible, embrace a lifestyle of ease and serenity in a well-secured setting.

Features

Veranda

Veranda

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 Penthouse in Larnaca, Larnaka, Cyprus No. 31804

3 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 31804

Features

Indoor facilities

Veranda

Veranda

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