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+ 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 Penthouse in Larnaca, Larnaka, Cyprus No. 33871

2

Bedrooms

3

Bathrooms

80 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Penthouses for sale in Larnaca are located in the central areas of the city or on the first line to the sea. This allows you to enjoy stunning views of the water and city skyline, as well as easy access to everything you need - dining, shopping and entertainment.

NEW luxury development located within walking distance of Mackenzie Beach.

The fifth floor of the project is occupied by apartments with two bedrooms and three bathrooms, each with spacious indoor and outdoor balconies, the sole purpose of which is to ensure and maximize the comfort and privacy of the apartment owners.

In this complex, on the fifth floor, 2 more penthouses are offered for sale.

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

Features

Close to the beach

Close to the beach

Close to shopping malls

Close to shopping malls

Close to the city centre

Close to the city centre

Close to the airport

Close to the airport

Prestigious district

Prestigious district

Sea view

Sea view

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

Similar Property

540 000

2 Bedrooms

80 sq.m.

+ VAT

539 000

2 Bedrooms

80 sq.m.

+ VAT

537 800

2 Bedrooms

80 sq.m.

+ VAT

535 000

2 Bedrooms

80 sq.m.

+ VAT

2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 33871

2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 33871

Features

Location

Close to the beach

Close to the beach

Close to shopping malls

Close to shopping malls

Close to the city centre

Close to the city centre

Close to the airport

Close to the airport

Prestigious district

Prestigious district

Sea view

Sea view

Lake view

Lake view

Panoramic view

Panoramic view

Beautiful view

Beautiful view

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