+ 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. 39489

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Modern 2nd-floor apartment for sale in Larnaca, with a total area of 80 sq.m., built in 2026. This is a newly built, freshly painted property in excellent condition, featuring contemporary design and high-quality specifications. The apartment comprises two bedrooms (one master), two bathrooms/WCs, a functional kitchen, and a spacious living room. It holds an A+ energy efficiency rating and is equipped with a built-in air conditioning system, solar water heating with boiler, sound insulation, aluminum window frames, and marble flooring. Concealed lighting enhances the modern architectural aesthetics of the space.
The property is corner, front-facing, bright, airy, and filled with natural light, offering open, panoramic, and unobstructed views. Additional features include a storage room, security door, and video intercom system.
Ideally located in a quiet neighborhood, the apartment is close to the Radisson Blu Hotel, Port of Larnaca, near all essential services and amenities, and just 5 minutes from the city center. It is also within easy reach of parks, the sea and beach, schools, supermarkets, shopping areas, entertainment venues, and the university.
An excellent choice for private residence, co-living, or investment purposes.
Floor: 2nd

Features

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

Panoramic view

Panoramic view

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

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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+ VAT

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 39489

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 39489

Features

Location

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

Panoramic view

Panoramic view

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Marble flooring

Marble flooring

Good quality

Good quality

Indoor facilities

Individual boiler room

Individual boiler room

Outdoor features

Park

Park

Supermarket

Supermarket

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