€ 320 000

€ 3 902 / 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. 40197

Bedrooms

Bathrooms

82 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Brand new penthouse apartment ( Year of construction 2025) for sale in Vergina area, just 3 minutes from Larnaka Mall and with easy access to the highway. Surrounded by all amenities including shops, schools, and services.

The apartment features 2 bedrooms, including a master with en-suite bathroom, plus a second bathroom. It offers a spacious open-plan kitchen and living area, leading to large verandas with panoramic views.

A private 57 sq.m. roof garden is included, with provision for electricity and water.

Please note: VAT is not applicable.
Floor: 3rd