€ 155 500

€ 3 049 / 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 Apartment in Larnaca, Larnaka, Cyprus No. 47585

Bedrooms

51 sq.m.

Square

Parameters

Property Description

This residential project in Larnaca offers a perfect balance of urban convenience and peaceful living. Situated just a short walk from Metropolis Mall, it provides easy access to shopping, dining, and entertainment while maintaining a quiet neighborhood atmosphere. The development consists of four one-bedroom apartments and five two-bedroom apartments, designed to suit various lifestyles. The building features a modern architectural design with multiple setbacks and large windows that fill each apartment with natural light, fresh air, and pleasant views. Every unit comes with a storage room and a parking space on the ground floor.

The main features of the project and the units:
• Four 1-bedroom and five 2-bedroom apartments
• Modern architecture with large windows and multiple setbacks
• Bright interiors with natural light and fresh air
• Storage room and parking space for each apartment
• Walking distance to Metropolis Mall and amenities

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

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