+ 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. 40404

2

Bedrooms

2

Bathrooms

90 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Luxury 2-Bedroom Apartment for Sale – Metropolis Mall Area, Larnaca

Discover modern living in this stunning 2-bedroom luxury apartment ideally situated in the vibrant and rapidly growing Larnaca Mall (Metropolis Mall) area. Designed for comfort and convenience, this residence combines high-end finishes with contemporary architecture, all within minutes of shops, schools, and major transport links.

Key Features:

-Two spacious bedrooms, including a master with en-suite
-Two modern bathrooms with premium fittings
-Open-plan kitchen and living area, ideal for entertaining
-Large covered veranda (21 m²) offering relaxing outdoor space
-A/C units throughout, concealed A/C in the living room
-Covered parking space + private storage room
-Modern building with elevator and secure entry
-Energy Efficiency Class A – double-glazed windows, thermal insulation
-Total internal covered area 90 m²

Located just steps from Metropolis Mall, this apartment offers effortless access to supermarkets, restaurants, banks, gyms, and both private and public schools. The property is perfect for professionals, small families, or investors seeking high rental demand in a prime urban location.
Floor: 1st, 2nd, 3rd

Features

Close to shopping malls

Close to shopping malls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

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

280 000

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90 sq.m.

+ VAT

265 000

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2 Bathrooms

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IV quarter, 2025

90 sq.m.

285 000

2 Bedrooms

2 Bathrooms

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+ VAT

Verified property

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55096

285 000

2 Bedrooms

2 Bathrooms

IV quarter, 2027

90 sq.m.

+ VAT

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 40404

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 40404

Features

Location

Close to shopping malls

Close to shopping malls

Features

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

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