€ 310 000

€ 4 079 / 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. 48244

Bedrooms

76 sq.m.

Square

Parameters

Property Description

This residential project consists of eight two-bedroom apartments designed to meet the needs of modern urban living. The development is situated in a well-connected area, offering convenient access to blue flag beaches, shopping venues, dining options, and entertainment.

Each apartment features well-proportioned interiors with open living spaces and large balconies. The finishes include European ceramic flooring in living areas and bathrooms, along with high-quality kitchen cabinets and wardrobes. The design emphasizes comfort, durability, and functionality.

The building includes a reception area with marble finishes and is equipped with security entrance doors and an intercom system. Double-glazed thermal aluminium window frames help improve insulation and energy efficiency. Sanitary ware, tiles, and fittings are sourced from well-established European manufacturers.

Buyers have the option to personalize their homes with a selection of available upgrades. All common areas are supported by a photovoltaic system, and penthouse units are equipped with a private 2 kW photovoltaic system.

The main features of the project and the units:

• Eight two-bedroom apartments
• Reception area with marble finishes
• European ceramic flooring throughout living areas and bathrooms
• Thermal aluminium window frames with double glazing
• Security entrance doors and intercom system
• Sanitary ware and bathroom finishes from European brands
• High-standard kitchen cabinets and wardrobes
• Spacious balconies
• Buyer upgrade options available
• Photovoltaic system for common areas
• 2 kW photovoltaic system for penthouses

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

76 sq.m.

+ VAT

2 Bedrooms

76 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

76 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

76 sq.m.

+ VAT