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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 Apartment in Larnaca, Larnaka, Cyprus No. 34047

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

The city has a developed infrastructure: here you will find many restaurants, cafes, shops, schools and medical institutions. In addition, Larnaca has an international airport, making it easy to travel both within and outside the island. By purchasing an apartment here, you get access to everything you need for a comfortable life.

Similar apartments on the fifth and sixth floors are 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

Prestigious district

Prestigious district

Sea view

Sea view

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

Similar Property

320 000

2 Bedrooms

80 sq.m.

+ VAT

320 000

2 Bedrooms

80 sq.m.

+ VAT

320 000

2 Bedrooms

80 sq.m.

+ VAT

320 000

2 Bedrooms

80 sq.m.

+ VAT

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 34047

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 34047

Features

Location

Close to the beach

Close to the beach

Close to shopping malls

Close to shopping malls

Prestigious district

Prestigious district

Sea view

Sea view

City view

City view

Beautiful view

Beautiful view

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