€ 800 000

€ 7 407 / 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%

3 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 33870

Bedrooms

Bathrooms

108 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

ID

33870
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Open and covered
Access

Private
Bedrooms

3
Floor

6
Total floors

7

Bathrooms

4
Square

108 sq.m.
Veranda area

132 sq.m.
To sea

300 m
To city center

2.5 km
To airport

3.5 km
Completion date

IV quarter, 2023
Completed

Yes

Property Description

Living in a penthouse by the sea is the dream of many. And if you are looking for ideal housing in Larnaca, then we suggest you pay attention to the luxury penthouses located in close proximity to the Mediterranean Sea. Why Larnaca? This is a picturesque city in the southeast of Cyprus, where a comfortable climate, developed infrastructure and beautiful beaches are combined.

NEW luxury development located within walking distance of Mackenzie Beach.

The apartment, located on the sixth floor, will have a private luxury penthouse on the seventh floor with magical panoramic views of southeast Mackenzie Beach.

Each apartment will receive a parking space and a storage room on the ground floor.