€ 275 000

€ 5 500 / 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%

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 48288

Bedrooms

50 sq.m.

Square

Parameters

Property Description

Located in the heart of Larnaca, this new residential development offers a well-balanced living experience in one of the city’s most dynamic areas. Just 700 meters from the popular Finikoudes beachfront and only a 5-minute drive from Larnaca International Airport, the project places residents within easy reach of the coastline, shopping, dining, and entertainment options.

The building combines contemporary architecture with thoughtful functionality, offering living spaces designed for everyday comfort and convenience. Situated in a central yet peaceful neighborhood, it caters to those seeking both an active urban lifestyle and moments of calm. Whether for permanent residence or investment, this location supports year-round living in a vibrant seaside city.

The main features of the project and the units:

• Located in the center of Larnaca
• 700 meters from Finikoudes beachfront
• 6 km (5-minute drive) from Larnaca International Airport
• Walking distance to the beach and daily amenities
• Modern architectural design
• Quiet residential area in a central location
• Designed for long-term living or investment purposes

The project has an 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

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1 Bedrooms

50 sq.m.

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