327 075

Price history

€ 327 075

€ 280 350

€ 4 248 / 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. 48100

2

Bedrooms

77 sq.m.

Square

Parameters

Property Description

Located in the Sotiros area of Larnaca, this residential development offers a limited selection of thoughtfully designed apartments. The neighborhood combines urban convenience with a residential atmosphere and provides easy access to key amenities, including some of the city’s top schools such as the American Academy. Within walking distance, residents will find cafés, shops, and local markets.

The development consists of 14 units, including one- and two-bedroom apartments, as well as a three-bedroom penthouse. Each unit has been designed with a focus on clean lines and functional layouts, combining contemporary architecture with practical living spaces.

Each apartment is allocated a private parking space, and residents also have the option to add a private storage room. The project is well-suited for permanent living, investment purposes, or as a holiday base in Larnaca.

The main features of the project and the units:

• 6 one-bedroom apartments
• 6 two-bedroom apartments
• 1 three-bedroom penthouse (divided into two units)
• Contemporary design and functional layouts
• Parking space allocated to each unit
• Optional private storage room (warehouse)
• Located in Sotiros, central Larnaca
• Easy access to amenities, schools, cafés, and markets
• Near the American Academy
• Suitable for residence, holiday use, or investment

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

Statistics

€ 3 329

Price per sq.m.

166

Quality of Life Index

53

Cost of Living Index

Choose a city for comparison

Parameters

Larnaca

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

Similar Property

327 075

2 Bedrooms

77 sq.m.

+ VAT

329 000

2 Bedrooms

77 sq.m.

+ VAT

329 000

2 Bedrooms

77 sq.m.

+ VAT

325 000

2 Bedrooms

77 sq.m.

+ VAT

Price history

€ 327 075

€ 280 350

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