€ 450 000

€ 4 091 / 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. 39453

Bedrooms

Bathrooms

110 sq.m.

Square

Parameters

Property Description

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

Contemporary Living in the sought after neighbourhood of Phaneromeni.

Introducing an exclusive new residential project ideally located in the highly sought-after area of Phaneromeni. This modern apartment block has been thoughtfully designed to combine elegant architecture, premium specifications, and an exceptional lifestyle setting.

The development comprises eleven stylish residences, offering a selection of one, two, and three-bedroom apartments. Each home features spacious open-plan living areas, generous balconies and high-end finishes, ensuring comfort, functionality and refined modern living.

Prime Location :

Just 100 meters from the Salt Lake and Nature Reserve Park

5-minute drive to Metropolis Mall (approx. 2 km)

5-minute drive to St. Lazarus Church and Mackenzie Beach

Close to the city center and all amenities

Near educational institutions

10-minute drive to Larnaca International Airport

Key Features

Smart Home technology
Energy Efficiency Class A
Underfloor heating and heated towel rails in all bathrooms
Italian-brand concealed sanitary ware and showers
Made-to-measure mosquito nets
Photovoltaic systems for all penthouses and communal areas
RO water filtration system for drinking water
Water softening system

Electrical Installation & Specifications

Smart Control System (aligned with provisions for):
Lighting and dimmer switches
Smart TV connectivity
Music surround system
Electric blinds
Shutter Rolex blinds
Oven & hob
Air-conditioning units
Smart intercom system for each apartment
Telephone and TV provisions in all bedrooms
Superior quality lighting in all balconies
Common antenna for Cypriot channels
Fiber-optic internet connection
Provision for electric vehicle charging
Photovoltaic system for penthouses and common areas

5-year warranty on exterior rendering
3-year warranty on internal technical specifications

This exceptional development is ideal for private residence or investment, offering contemporary comfort, advanced technology, and a prime location in one of Larnaca’s most desirable neighborhoods.