€ 220 000

€ 3 860 / 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%

1 bedroom Penthouse in Larnaca, Larnaka, Cyprus No. 46718

Bedrooms

Bathrooms

57 sq.m.

Square

Parameters

Property Description

This new residential development in the sea port area of Larnaca offers a thoughtfully designed living environment with a limited collection of modern apartments suited to different lifestyles. The project includes a small number of one-bedroom apartments as well as one-bedroom apartments with an additional room, creating a boutique residential setting with a strong focus on comfort and functionality.

Each apartment is designed with everyday living needs in mind and features contemporary layouts, well-proportioned interiors, and an abundance of natural light and ventilation. High-quality finishes and modern solutions enhance overall living comfort, while integrated smart home systems provide added convenience and control. Communal areas and resident amenities contribute to a well-organised and pleasant living environment, making the project suitable for both individual residents and families seeking a modern home.

The main features of the project and the units:
• New residential development
• Limited collection of 6 apartments
• One-bedroom apartments
• One-bedroom apartments with an additional room
• High-quality finishes
• Smart home system
• Contemporary and practical layouts
• Good natural light and ventilation
• Communal areas and resident amenities
• Residential community concept

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

Features

Storage room

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

1 Bedrooms

57 sq.m.

+ VAT

1 bedroom Penthouse in Paphos, Cyprus No. 48390

1 Bedrooms

57 sq.m.

+ VAT

1 bedroom Penthouse in Meneou, Larnaka, Cyprus No. 50981

1 Bedrooms

58 sq.m.

+ VAT

1 Bedrooms

58 sq.m.

+ VAT