700 000

Price history

€ 700 000

€ 665 000

€ 8 537 / 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 Penthouse in Larnaca, Larnaka, Cyprus No. 42367

2

Bedrooms

82 sq.m.

Square

Parameters

Property Description

Residence redefines contemporary urban living, offering a tranquil retreat in the heart of the city. The development offers 7 single floor apartments, each with an allocated parking space. Sea views are available on all floors and the penthouse offers an interconnecting staircase to a private roof terrace.

The project is situated next to Larnaka’s Port entrance in the city centre and the Land of Tomorrow. The prime location of the development offers residents easy access towards the main highway. Amenities are in close proximity from the project.

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

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

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Price history

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