€ 237 000

€ 3 078 / 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. 48892

Bedrooms

Bathrooms

77 sq.m.

Square

Parameters

Property Description

Located in the heart of Larnaca, the New Marina Area offers a prime residential location within a peaceful, family-oriented neighborhood. Just a 5-minute drive from the city center and the renowned Finikoudes beach, this area is set to become the fastest-growing part of Larnaca, with the development of the largest marina and port in Cyprus.

This 4-storey residential project consists of eight two-bedroom apartments. Each typical apartment features an open-plan kitchen, living, and dining area, two bedrooms (including a master), expansive verandas, a parking space, and a storage area. The penthouse apartments offer additional features such as a roof garden, an extra bathroom, and panoramic 360-degree views.

Located in a family-friendly neighborhood, the project is close to local amenities, restaurants, and offers easy access to the city center, beach, and Larnaca International Airport.

The main features of the project and the units:

• Prime location in the heart of Larnaca
• 5-minute drive to the city center and beach
• 10-minute drive to Larnaca International Airport
• 4-storey residential building with eight two-bedroom apartments
• Open kitchen, living, and dining area
• Two bedrooms (one master)
• Expansive verandas
• 1 parking space and 1 storage area
• Penthouse apartments with roof garden, extra bathroom, and panoramic views
• Close to local amenities and restaurants

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

2 Bathrooms

77 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

77 sq.m.

+ VAT

2 Bedrooms

77 sq.m.

+ VAT

2 Bedrooms

77 sq.m.

+ VAT