€ 160 000

€ 3 200 / 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. 48924

Bedrooms

Bathrooms

50 sq.m.

Square

Parameters

Property Description

This residential development consists of nine high-quality apartments across three floors, offering modern living in the south-western part of Larnaca (Cineplex area). Each unit features an open-plan kitchen, living, and dining area, along with a private parking space and a spacious storage room.

Designed with functionality and quality in mind, the project includes energy-efficient solutions, high-end finishes, and modern amenities such as a photovoltaic system for select apartments, intercom entry, and premium materials from Spain and Belgium. Conveniently located, it provides easy access to Larnaca International Airport, Metropolis Mall, and major city attractions.

The main features of the project and the units:

• 3-storey building with 9 apartments
• Open-plan kitchen, living, and dining area
• Private parking & storage room
• Spacious balconies
• Photovoltaic system (for select apartments)
• High-quality materials & finishes
• Intercom entry system
• Ceramic floor tiles from Spain
• Fitted kitchens from Belgium
• 8.3 km to Larnaca International Airport
• 3.9 km to Metropolis Mall
• 8.1 km to Mackenzie Beach
• 2.5 km to Kalo Chorio Roundabout (Highway)
• 5.9 km to Finikoudes

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

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1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 49861

1 Bedrooms

50 sq.m.

+ VAT