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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%

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 34045

3

Bedrooms

2

Bathrooms

100 sq.m.

Square

III quarter, 2026

Completion date

Parameters

Property Description

Larnaca is famous for its mild Mediterranean climate, which delights residents all year round. Here you can enjoy sunny days, walks along the picturesque embankments and swimming in the warm waters of the sea. Buying an apartment in Larnaca will give you the opportunity to turn every day into an unforgettable holiday.

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

Features

Close to shopping malls

Close to shopping malls

Prestigious district

Prestigious district

City view

City view

Beautiful view

Beautiful 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

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3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 34045

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 34045

Features

Location

Close to shopping malls

Close to shopping malls

Prestigious district

Prestigious district

City view

City view

Beautiful view

Beautiful view

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