+ 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. 37752

2

Bedrooms

2

Bathrooms

76 sq.m.

Square

Parameters

Property Description

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

The Projects consists of a collection of eight contemporary two-bedroom apartments perfectly designed for modern city living.

The apartments have ample, comfortable interior spaces and spacious balconies. European ceramic tiles in bathrooms and living areas, high-end kitchen cabinets and wardrobes are part of the extensive list of features the development offers.

Located in a prime location, with easy access to the blue flag beaches, shopping, dining and entertainment, this Project is the perfect place to call home for those seeking the ultimate in quality and convenience.

DEVELOPMENT HIGHLIGHTS

• Reception area with marble finishing
• High-quality European ceramic flooring
• Thermal aluminium window frames with double-glazing
• High-quality European ceramic tiles in bathrooms' walls
• Security entrance doors and an intercom system
• High-standard sanitary ware from top European brands
• High-standard kitchen cabinets and wardrobes
• Choice of upgrades offered to the buyers
• Common areas to benefit from a photovoltaic system
• Penthouses will benefit from a 2KW photovoltaic system.

Estimated Delivery December 2028

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

Similar Property

307 500

2 Bedrooms

76 sq.m.

+ VAT

312 500

2 Bedrooms

76 sq.m.

+ VAT

312 500

2 Bedrooms

76 sq.m.

+ VAT

314 100

2 Bedrooms

76 sq.m.

+ VAT

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 37752

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 37752

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

Garden

Garden

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