€ 280 000

€ 3 733 / 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. 47753

Bedrooms

Bathrooms

75 sq.m.

Square

Parameters

Property Description

A modern two-bedroom apartment located in the heart of Larnaca, just one minute’s walk from the beach and close to the historic St. Lazarus Church. The property is part of a two-storey building that includes a total of five apartments, offering privacy and comfort in one of the city’s most charming and convenient areas.

The apartment is situated on the first floor and features an internal area of 75 sq.m plus a 12 sq.m garden. The layout includes two bathrooms (WCs) and spacious interiors designed for a functional urban lifestyle. The location provides easy access to Larnaca’s beaches, shops, cafes, and restaurants, making it ideal for both permanent residence and investment.

The main features of the project and the units:
• Two-storey building with five apartments
• First-floor apartment
• Two bedrooms
• Two bathrooms (WCs)
• Internal area 75 sq.m
• Garden 12 sq.m
• One minute from the beach
• Located in the St. Lazarus area of Larnaca

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

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

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT