€ 800 000

€ 9 195 / 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 Penthouse in Larnaca, Larnaka, Cyprus No. 34032

Bedrooms

Bathrooms

87 sq.m.

Square

III quarter, 2025

Completion date

Parameters

ID

34032
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Open and covered
Bedrooms

2
Floor

6
Total floors

7

Bathrooms

4
Square

87 sq.m.
Veranda area

76 sq.m.
To sea

200 m
To city center

1.5 km
To airport

4.3 km
Completion date

III quarter, 2025
Completed

No

Property Description

Larnaca is one of the largest and most developed cities on the Cypriot coast. This beautiful city has a rich history, amazing beaches and a mild Mediterranean climate all year round. Apartments for sale in Larnaca represent an excellent opportunity for those who dream of a cozy corner in the sun.

NEW luxury development located within walking distance of Mackenzie Beach.

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

There are also 2 more penthouses offered for sale in this complex.