€ 325 000

€ 4 333 / 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 Penthouse in Larnaca, Larnaka, Cyprus No. 48080

Bedrooms

Bathrooms

75 sq.m.

Square

Parameters

Property Description

This residential development offers a collection of 18 well-designed apartments in a quiet neighborhood close to the beach and key institutions. The project includes penthouses featuring private roof gardens. Each apartment comes with its own storage room and access to nearby amenities, making it a suitable choice for various living needs.

The building is located just 600 meters from the beach and within walking distance of the American University of Cyprus. The area combines residential calm with urban convenience, offering proximity to essential services and good connectivity to the rest of the city.

The main features of the project and the units:

• 18 apartments
• Penthouses with roof gardens
• Private storage room for each apartment
• 600 meters from the beach
• Close to the American University of Cyprus
• Located in a calm and well-situated neighborhood

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

2 Bedrooms

2 Bathrooms

75 sq.m.

+ VAT

Verified property

2 Bedrooms

2 Bathrooms

IV quarter, 2027

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT