€ 265 000

€ 3 442 / 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. 39678

Bedrooms

Bathrooms

77 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Penthouse apartment for sale in the city of Larnaca, with a total internal area of 77 sq.m., newly built and constructed in 2026, offering modern design, high construction quality, and excellent functionality. The property comprises two bedrooms, including one master bedroom, two bathrooms and two WCs, a kitchen, and a spacious living room. It features a 16 sq.m. veranda as well as an impressive 40 sq.m. roof garden, ideal for relaxation and entertaining, offering unobstructed panoramic views. The apartment is equipped with air conditioning, solar water heating system, boiler, ventilation system, and sound insulation, while aluminum frames with double-glazed synthetic windows and an A+ energy efficiency certificate ensure excellent energy performance. Marble and laminate flooring enhance its contemporary character. The property is front-facing, bright, airy, and filled with natural light, enjoying views of the mountains, greenery, and open surroundings. Located in a quiet neighborhood and a prime area, it is close to the sea, beach, parks, schools, local markets, supermarkets, shopping centers, the city center, entertainment venues, and the port. Additional features include an internal staircase, storage room, security door, video intercom system, making it an ideal choice for both private residence and investment purposes.