€ 320 000

€ 3 699 / 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%

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 37114

Bedrooms

Bathrooms

86.5 sq.m.

Square

Parameters

Property Description

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

Nestled in the prestigious residential enclave of Droshia in Larnaca, This Project offers a blend of luxury and convenience. Located just 10 minutes from downtown and a mere 5 minutes from Metropolis Mall, this exclusive address provides unparalleled access to urban amenities while maintaining a tranquil residential atmosphere.

Property Features:

A modern 3-floor building

Spacious 1 & 2-bedroom apartments

Designed with a focus on quality and aesthetic harmony with the surrounding area

Exceptional design tailored to the area's ambiance

Privacy and comfort ensured

Ideal for families with children, close to schools, shops, restaurants, cafes, and essential services

Discover the perfect blend of urban convenience and suburban tranquility where every detail is crafted to enhance your living experience.

Under Construction - Estimated Completion January 2027.