+ 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%

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 40064

1

Bedrooms

1

Bathrooms

44 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

For sale is a 1-bedroom apartment on the first floor in a prime location in Finikoudes, just 500 meters from Finikoudes Beach, 7 minutes from Makenzy beach, and only 10 minutes from Larnaca airport. The area is surrounded by all amenities including restaurants, supermarkets, cafes, bars, schools, and more.

The apartment features one bedroom, one bathroom, and a modern open-plan kitchen connected with the living room, offering bright and comfortable living spaces. It has a total of 44 m² of internal space and a spacious 11 m² veranda, perfect for relaxing and enjoying the city view.

A perfect choice for investors and ideal for short-term rentals.
Floor: 1st

Features

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

City center

City center

PVC double glazed windows

PVC double glazed windows

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

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

Similar Property

232 000

1 Bedrooms

45 sq.m.

+ VAT

233 000

1 Bedrooms

43 sq.m.

+ VAT

235 000

1 Bedrooms

43 sq.m.

+ VAT

235 000

1 Bedrooms

43 sq.m.

+ VAT

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 40064

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 40064

Features

Location

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

City center

City center

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

Air Conditioners

Air Conditioners

Tile flooring

Tile flooring

Indoor facilities

Kindergarten

Kindergarten

Individual boiler room

Individual boiler room

Outdoor features

School

School

Transport accessibility

Transport accessibility

Park

Park

Supermarket

Supermarket

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more