€ 250 000

€ 3 247 / 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. 48160

Bedrooms

Bathrooms

77 sq.m.

Square

Parameters

Property Description

This residential development comprises five low-rise buildings designed with clean architectural lines and a focus on practicality. Located in a growing area of Larnaca, the project offers easy access to city amenities, educational institutions, beaches, and the new marina.

One of the key features of this development is the communal rooftop terrace, exclusively available to residents of the top-floor units. This space provides an elevated setting with panoramic views, suitable for both relaxation and informal gatherings.

Each unit is supported by secure underground parking and private storage rooms. Landscaped green areas surround the buildings, adding a touch of nature to the urban setting and offering a calm atmosphere for residents.

Its central location ensures short travel times to major points of interest across the city, including Larnaca’s beachfront, business districts, and airport.

The main features of the project and the units:

• Five residential buildings
• Rooftop terrace for top-floor residents
• Underground parking
• Private storage rooms
• Landscaped communal areas
• 2 minutes to Radisson Blu Hotel
• 3 minutes to Larnaca New Marina
• 5 minutes to AUCY (American University of Cyprus)
• 5 minutes to Finikoudes Beach
• 7 minutes to Makenzy Beach
• 7 minutes to European Square
• 10 minutes to Larnaca International Airport

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

77 sq.m.

+ VAT

2 Bedrooms

3 Bathrooms

77 sq.m.

+ VAT

2 Bedrooms

3 Bathrooms

77 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

77 sq.m.

+ VAT