+ 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. 36844

2

Bedrooms

2

Bathrooms

84.6 sq.m.

Square

Parameters

Property Description

Listing is for a Two Bedroom Penthouse Apartment with Roof Terrace.

This Project is an exquisite collection of modern and spacious two bedroom apartments and penthouses.

The iconic apartments await the arrival of the most discerning residents. Those with a taste for the finest things in life.

Situated in the heart of Larnaka – Drosia Area, the Project offers direct proximity to many amenities and Larnaca’s city centre.

The Project will consist of six, two bedroom apartments and two, two bedroom penthouses with spacious verandas, meticulously designed to offer luxury, comfort and serenity to its owners.

These contemporary apartments echo the true spirit of modern-day living offering comfort with their large open spaces and spacious verandas.

Penthouse owners can will also enjoy their private roof gardens.

The exterior design of the project combines clear architecture lines without excessive and unnecessary designs.

Besides, simplicity is the ultimate sophistication.

Features

Fast exit to the highway

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

Veranda

Veranda

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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2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 36844

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 36844

Features

Location

Fast exit to the highway

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

Veranda

Veranda

Storage room

Storage room

Elevator

Elevator

Covered parking

Covered parking

Outdoor features

Transport accessibility

Transport accessibility

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