€ 1 500 000

€ 9 036 / 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%

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 35072

Bedrooms

Bathrooms

166 sq.m.

Square

Parameters

Property Description

Luxury Penthouse Apartment for Sale located in the Phaneromeni area of Larnaca

Property Overview:
This exclusive listing is for a Three-Bedroom Penthouse Apartment, perfectly situated on the eighth floor of a prestigious new development in the heart of Larnaca.

Prime Location:
Nestled in the center of Larnaca, this residence offers unparalleled convenience with close proximity to key amenities, combining urban accessibility with tranquil living. This property provides an exceptional investment opportunity in a sought-after area.

Project Details:
This luxury development harmonizes contemporary architectural design with the natural beauty of the surrounding area. The project consists of:

10 One-Bedroom Apartments
16 Two-Bedroom Apartments
1 Exclusive Three-Bedroom Penthouse Apartment
The building’s standout design offers residents breathtaking panoramic views, adding to its allure and exclusivity.

Features :

8 storey building
Spacious open-plan kitchen, living room & dining area
Verandas
Private car park
Built in wardrobes
Fitted kitchen
Quality ceramic floor tiles
European sanitary ware
Double glazed windows and veranda doors
Solar heating system for hot water
Main entrance with intercom system

Don’t miss this chance to own a luxury Penthouse in one of Larnaca’s most desirable locations!