€ 335 000

€ 4 136 / 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. 40194

Bedrooms

Bathrooms

81 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Luxury Penthouse Apartment with Roof Garden and Sea View – Larnaca City

An impressive penthouse apartment of 81 sq.m. is available for sale on the 4th floor of a modern residential building in the heart of Larnaca City. This newly built property (completed in 2024) stands out for its elegant design, premium construction quality, and overall luxury. It consists of 2 bedrooms, one of which is a master with en-suite bathroom, 2 bathrooms, 2 WCs, a modern kitchen, and a spacious living area. It features aluminum frames with double glazing, marble flooring, and an internal staircase that enhances access to the stunning roof garden.

The apartment boasts a private roof garden of 60 sq.m., ideal for relaxation and entertaining with sea views, as well as a covered veranda of 19 sq.m., extending the comfort and usability of the space. The residence offers panoramic, unobstructed sea views, abundant natural light, and direct access to key points of interest such as the beach, schools, parks, supermarkets, shopping centers, the port, as well as entertainment venues and public transport.

Additional features include 2 storage rooms, video intercom, and a front-facing orientation, ensuring comfort, security, and a pleasant living experience.

This is an outstanding opportunity for either residential use or investment, located in one of the city’s most up-and-coming areas.
Floor: 4th