+ 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. 36797

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

Parameters

Property Description

Listing is for a Two Bedroom Penthouse Apartment located on the Fourth Floor.

Welcome to this exceptional contemporary building comprising of 20 two-bedroom apartments. Five Apartments on each Floor. Embracing modern design principles and energy-efficient features, this property sets a new standard for comfortable and sustainable living.

Apartment Features:

Each of the apartments boasts private parking and storage for your convenience. The living spaces offer a generous 80-90 square meters of covered area, ensuring ample room for all your needs. Additionally, enjoy the outdoors on private, providing the perfect spot to relax and take in the surroundings.

Neighborhood:

Nestled in a clean and friendly neighborhood, this property provides a tranquil haven amidst urban life.

Construction Details:

Under Construction : Estimated Completion March 2027

Reg. No. 1052 – Lic. No. 512/E

Features

Plastic windows with double glazing

Plastic windows with double glazing

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Storage room

Storage room

Transport accessibility

Transport accessibility

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

329 000

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT

329 000

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT

328 000

2 Bedrooms

80 sq.m.

+ VAT

330 000

2 Bedrooms

80 sq.m.

+ VAT

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 36797

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 36797

Features

Features

Plastic windows with double glazing

Plastic windows with double glazing

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Indoor facilities

Storage room

Storage room

Outdoor features

Transport accessibility

Transport accessibility

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