€ 258 000

€ 2 932 / 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. 48213

Bedrooms

Bathrooms

88 sq.m.

Square

Parameters

Property Description

This residential development in the heart of Larnaca brings together contemporary architecture and thoughtfully designed communal spaces. Spread across five four-story buildings, the complex consists of 57 apartments, offering a choice of 1-, 2-, and 3-bedroom layouts to accommodate a variety of living needs.

Each apartment includes a dedicated covered parking space and a private storage room, offering residents practical everyday conveniences. The interiors feature modern layouts with open-plan kitchen and dining areas, while large balconies provide outdoor space and views of the surrounding city.

Shared amenities within the development are designed to enhance quality of life and foster a sense of community. Residents can enjoy a communal swimming pool, a landscaped relaxation area, and a children’s playground equipped for safe and active play. The gated complex also includes an elevator in each building and is equipped with solar water heating, photovoltaic panels, and provisions for air conditioning and central heating.

Located just 300 meters from the sea and within close proximity to public transport and key roadways, the project offers a balance of accessibility and residential comfort in a quiet urban setting.

The main features of the project and the units:

• Located in central Larnaca
• Five buildings, each with four floors
• 57 apartments (1-, 2-, and 3-bedroom units)
• Covered parking space for each apartment
• Private storage rooms
• Communal swimming pool
• Children's playground
• Landscaped communal lounge area
• Elevator in each building
• Gated complex
• Split-unit air conditioning
• Independent central heating
• Solar water heaters and photovoltaic panels
• Alarm system
• Balconies with city views
• Open-plan kitchen and dining area
• Easy access to main roads and highways
• 300 m to the sea
• 400 m to public transport
• 10 km to the airport