€ 285 000

€ 3 608 / 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. 48268

Bedrooms

79 sq.m.

Square

Parameters

Property Description

The project is situated in a quiet residential neighborhood in the town center. Conveniently located near shops and supermarkets, the beach, the much anticipated developing area around Larnaca Port and with easy access to the highway network.

The building comprised of 8 spacious apartments with large verandas, storage room and covered parking. Italian kitchen and granite worktop and the building benefits from the option to be fully equiped with smart technology.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Storage room

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

Verified property

2 Bedrooms

2 Bathrooms

IV quarter, 2027

79 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

79 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

79 sq.m.

+ VAT

2 Bedrooms

79 sq.m.

+ VAT