€ 245 000

€ 3 141 / 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. 46346

Bedrooms

Bathrooms

78 sq.m.

Square

Parameters

Property Description

This residential development is located in the exclusive and prestigious New Marina area of Larnaca, within walking distance to the beach. The building rises over three floors and blends seamlessly with the surrounding landscape, offering easy accessibility and an intimate living environment. The project comprises fifteen units with spacious layouts and premium finishes, providing a balance between privacy and a sense of community. The location offers convenient access to private schools and is well positioned near key destinations, including the beach at 700 metres, the American University of Cyprus within a 5-minute drive, the New Marina of Larnaca within 10 minutes, the airport within 20 minutes, and the Land of Tomorrow area within 5 minutes. The development is set in a calm and prestigious neighbourhood and forms part of a modern development zone. Storage rooms are предусмотрены for the units, and the building features secure access and a low-noise privacy design.

The main features of the project and the units:
• Location in the New Marina area of Larnaca
• Fifteen residential units
• Three floors
• Three one-bedroom apartments
• Nine two-bedroom apartments
• Three two-bedroom penthouses with roof gardens
• Spacious layouts and premium finishes
• Storage rooms
• Secure building access
• Low-noise privacy design
• Walking distance to the beach
• Calm and prestigious neighbourhood
• Modern development zone
• Unobstructed sea views
• Beach 700 metres away
• American University of Cyprus 5 minutes away
• New Marina of Larnaca 10 minutes away
• Airport 20 minutes away
• Private schools nearby
• Land of Tomorrow 5 minutes away

The project has an EPC certificate with “A” energy efficiency rating.

Features

Storage room

Car park

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

2 Bedrooms

2 Bathrooms

78 sq.m.

+ VAT

2 Bedrooms

78 sq.m.

+ VAT

2 Bedrooms

78 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

78 sq.m.

+ VAT