€ 430 000

€ 4 257 / 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. 35110

Bedrooms

Bathrooms

101 sq.m.

Square

Parameters

Property Description

Modern 3-Bedroom Penthouse Apartment with Private Roof Terrace in Phaneromeni, Larnaca

Discover this exceptional three-bedroom penthouse apartment with a spacious private roof terrace, situated on the fourth floor of a contemporary new residential development in the popular Phaneromeni area of Larnaca.

This development offers modern architecture and an excellent location just minutes from the city centre, beautiful beaches, and all essential amenities.

The project comprises a limited selection of spacious three-bedroom apartments, crowned by this stunning penthouse featuring a large private roof terrace—perfect for relaxing, entertaining, and enjoying the Cyprus sunshine.

Phaneromeni residential areas, offers a peaceful environment while remaining close to schools, supermarkets, cafés, restaurants, shops, and everyday services. Excellent road connections provide easy access to the city centre, Larnaca International Airport, and the motorway network.

This outstanding penthouse combines contemporary design, generous outdoor living space, and a prime location, making it an excellent choice as a permanent residence, holiday home, or investment opportunity.