€ 3 550 000

€ 27 099 / 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. 39038

Bedrooms

Bathrooms

131 sq.m.

Square

Parameters

Property Description

Listing is for a Three Bedroom Penthouse Apartment with Private Swimming Pool, located on the Eighteenth Floor.

This luxurious sea front property is located just 350 meters from the sea, offering the perfect blend of coastal living and modern convenience.

Situated close to all essential amenities, it provides easy access to shops, restaurants, and daily necessities. Residents can enjoy a large communal swimming pool, while select apartments offer the added benefit of private pools for enhanced privacy and comfort.

The building features a grand, luxurious lobby that sets the tone for upscale living, and each apartment is equipped with a state-of-the-art smart home system for maximum convenience and security.

Under Construction - Estimated Completion third quarter of 2028

Reg. No. 1052 – Lic. No. 512/E