€ 1 600 000

€ 14 414 / 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. 39967

Bedrooms

Bathrooms

111 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Experience the ultimate in coastal luxury with this stunning 3-bedroom penthouse, perfectly situated in the sought-after Makenzy area of Larnaca just steps from the beach and minutes from the city centre.

This elegant residence boasts contemporary architecture, premium finishes, and panoramic sea views that can be enjoyed from the expansive private terrace. The highlight of the property is the amazing thermal pool, offering a serene retreat and an ideal setting for entertaining or relaxing under the Mediterranean sun.

Inside, the open-plan living and dining area is designed for comfort and style, featuring large windows that flood the space with natural light. The modern kitchen is fully equipped with high-end appliances and sleek cabinetry. Each of the three spacious bedrooms includes fitted wardrobes, while the master suite features a luxurious en-suite bathroom.

Additional features include smart home automation, underfloor heating, covered parking, and secure entry. Residents also enjoy easy access to the beachfront promenade, fine dining, cafés, and all essential amenities.

This exclusive penthouse offers an unmatched blend of sophistication, privacy, and convenience, an exceptional opportunity for those seeking a high-end lifestyle or a valuable investment in one of Larnaca’s most desirable neighborhoods.
Floor: 6th