€ 270 000

€ 2 621 / 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%

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 48063

Bedrooms

Bathrooms

103 sq.m.

Square

Parameters

Property Description

This residential development offers a private and well-organized living environment with a variety of thoughtfully designed units. The project includes 39 apartments, ranging from 1 to 3 bedrooms, along with penthouses that feature private roof gardens. Each apartment comes with a dedicated storage room and access to shared facilities, including a swimming pool and a fully equipped gym.

Located approximately 1.5 kilometers from the beach, the building sits within a calm, gated community that combines residential comfort with proximity to key amenities. Supermarkets, schools, pharmacies, and other everyday services are all close by, making the location suitable for both permanent residence and investment.

The main features of the project and the units:

• 39 apartments
• 1-, 2-, and 3-bedroom units
• Penthouses with roof gardens
• Storage room for each apartment
• 1.5 km from the beach
• Close to supermarkets, schools, pharmacy, and more
• Located in a calm and established neighborhood
• Shared swimming pool
• Gated community
• Common gym

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

Features

Storage room

Car park

Common area with pool

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

3 Bedrooms

2 Bathrooms

103 sq.m.

+ VAT

3 Bedrooms

103 sq.m.

+ VAT

3 Bedrooms

103 sq.m.

+ VAT

3 Bedrooms

103 sq.m.

+ VAT