€ 360 000

€ 4 615 / 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 Penthouse in Larnaca, Larnaka, Cyprus No. 40737

Bedrooms

78 sq.m.

Square

Parameters

Property Description

New residential development in one of Larnaca’s fastest-growing locations.

With a selection of 1, 2 and 3-bedroom apartments, perfectly suited for rental investment.

Main features:

• Apartments with roof terraces
• Few Meters from the New Marina and Port
• Proximity to the City Center.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

3 Bedrooms

2 Bathrooms

78 sq.m.

+ VAT

Verified property

3 Bedrooms

3 Bathrooms

IV quarter, 2027

80 sq.m.

+ VAT

Verified property

3 Bedrooms

2 Bathrooms

IV quarter, 2027

81 sq.m.

+ VAT

3 Bedrooms

83 sq.m.

+ VAT