€ 540 000

€ 7 200 / 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 Oroklini, Larnaka, Cyprus No. 48112

Bedrooms

Bathrooms

75 sq.m.

Square

Parameters

Property Description

Located just 100 meters from the sea in Larnaca, this residential development offers a limited collection of two-bedroom apartments spread across four floors. Designed with functionality and coastal living in mind, each apartment features spacious interiors and private balconies that provide open views of the Mediterranean.

The layout of each unit balances comfort and efficiency, with modern finishes, high ceilings, and open-plan living spaces. Selected apartments offer direct sea views, while all residents benefit from access to a range of shared on-site amenities, including a swimming pool, landscaped outdoor areas, and a fitness center.

Set within a gated complex, the development is situated in a vibrant area with cafés, shops, and dining options all within walking distance. With its close proximity to the beach and essential services, this project presents an appealing option for those seeking either a primary home or a coastal retreat in Larnaca.

The main features of the project and the units:

• Two-bedroom apartments
• Four-story residential building
• Sea views from selected units
• Private balconies
• Roof garden in selected units
• Gated complex with automated entrance gate
• Covered parking
• Provision for air conditioning and solar photovoltaic panels
• En suite shower and guest WC
• Fitted wardrobes and granite countertops
• Open-plan kitchen and living area
• High ceilings and modern finishes
• Double-glazed windows and thermal/sound insulation
• Central TV, satellite, and sound system provision
• Shared swimming pool and fitness area
• Walking distance to beach (100 m)
• 100 m to amenities and public transport
• 3 km to schools
• 15 km to Larnaca International Airport

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

Features

Storage room

Car park

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT