+ 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%

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 4965

3

Bedrooms

105 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: We offer for sale the most delicious pieces – the latest and best apartments that were not on sale before, otherwise they would have been sold first! A 3-bedroom apartment on the 4th floor and a 4-bedroom penthouse in an elite residential project just 200 m from Mackenzie Beach in one of the most prestigious areas of Larnaca - the Golden Square of Mackenzie.

• Apartments with 3 bedrooms – from 105 m2 of covered usable area – from 455 thousand euros
• Penthouse with 4 bedrooms – total area of more than 200 m2– covered usable area of about 115 m2–640 000 euros
• High-quality turnkey finishing
• Parking spaces for each apartment
• Storage rooms for each apartment
• Built-in wardrobes in the bedrooms
• Built-in kitchen
• Air conditioners
• Equipped bathrooms
• Energy efficiency category B+
• Ideal for your own living and recreation
• Excellent rental potential
• Very close to the airport, while no planes are heard
• Gorgeous sandy equipped beach
• Excellent infrastructure

More detailed information about the availability of apartments, layouts, operational screenings, consultations on the permanent residence program: whatsapp/viber/telegram

PS In the photos, the finished complex is the previous phase of this project! The offered apartments are under construction. Installment payment is possible until the end of construction.

View original text

Statistics

€ 3 329

Price per sq.m.

167

Quality of Life Index

54

Cost of Living Index

Choose a city for comparison

Parameters

Larnaca

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

Similar Property

450 000

3 Bedrooms

105 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Geroskípou, Paphos, Cyprus No. 54444

450 000

3 Bedrooms

2 Bathrooms

105 sq.m.

+ VAT

465 000

3 Bedrooms

105 sq.m.

+ VAT

475 000

3 Bedrooms

105 sq.m.

+ VAT

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 4965

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 4965

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more