+ 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. 39780

2

Bedrooms

3

Bathrooms

76.9 sq.m.

Square

Parameters

Property Description

The building is located in one of Larnaca's fastest-growing areas, offering the great advantage of being very close to the impressive new Marina and the famous Phinikoudes beach. The location is incredibly convenient, as you can walk to all the city's amenities, while the heart of the city center is just a few minutes away. Additionally, getting to the airport is very quick, making your travels effortless. It is the perfect spot for those who want to live near the sea and be right where the city’s heart beats.

This is a modern and stylish 4-story building consisting of only 11 apartments in total. Its design is contemporary, with clean lines that offer both beauty and privacy to its residents. The project has been built to very high standards, with an emphasis on functional spaces, ensuring that daily life at home is comfortable, pleasant, and filled with natural light.

The last remaining property is a stunning top-floor penthouse that offers a truly upgraded living experience. It features spacious interiors and its own exclusive roof garden for unforgettable moments of relaxation with a view. The price includes features that make your life more comfortable and cost-effective:

Technology & Energy: The penthouse comes with its own installed Photovoltaic System for great savings on electricity. It also includes a solar water heater, a water pressure system, and a color video intercom at the entrance.

Quality & Comfort: There are ready-made provisions for air conditioning in all rooms. The building features top-tier thermal and sound insulation, as well as the latest technology in earthquake protection.

Extra Amenities: Your own covered parking space with an automatic gate and a private storage room on the ground floor.
Floor: 4th

Features

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

Near restaurants

Near restaurants

Panoramic view

Panoramic view

PVC double glazed windows

PVC double glazed windows

Thermal and sound insulation of walls

Thermal and sound insulation of walls

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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2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 39780

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 39780

Features

Location

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

Near restaurants

Near restaurants

Panoramic view

Panoramic view

Features

PVC double glazed windows

PVC double glazed windows

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Tile flooring

Tile flooring

Good quality

Good quality

Outdoor features

Transport accessibility

Transport accessibility

Supermarket

Supermarket

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