€ 320 000

€ 4 000 / 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. 34043

Bedrooms

Bathrooms

80 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

ID

34043
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Open and covered
Access

Private
Bedrooms

2
Floor

5
Total floors

6

Bathrooms

3
Square

80 sq.m.
Land area

54 sq.m.
Veranda area

21 sq.m.
To sea

950 m
To city center

2.5 km
To airport

7.7 km
Completion date

IV quarter, 2025
Completed

No

Property Description

Penthouses are residential apartments on the top floors of a building, offering space, panoramic views and premium class. In Larnaca, located on the east coast of Cyprus, you can find a magnificent penthouse that combines luxury, comfort and proximity to the sea.

Two penthouses on this floor are offered for sale.

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