€ 255 000

€ 3 188 / 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. 47649

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

This premium residential development offers eight modern 2-bedroom apartments located just 400 meters from the new Marina of Larnaca. Each apartment features spacious bedrooms, elegant finishes, and contemporary amenities designed to provide comfort and style. Residents can enjoy private storage, covered parking, and access to penthouse units with roof gardens. The building is thoughtfully constructed with high-quality materials and modern systems to enhance daily living in this vibrant coastal city.

The main features of the project and the units:
• Eight 2-bedroom apartments
• Penthouse units with roof gardens
• Private storage rooms
• Covered parking spaces
• External thermal insulation
• Solar panels for water heating
• Photovoltaic panels for net metering
• Provision for air conditioning
• Double glazing
• First-class kitchen cupboards and sanitary ware
• Synthetic granite in kitchens
• High ceilings
• “Pipe in pipe” plumbing system
• Provision for electric barrier to parking

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