+ 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. 50323

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Two Bedroom Penthouse for rent in Ammochostos Stadium area, Larnaca.

The property located in a great residential neighbor close proximity to all amenities and all major roads.
It is features an outdoor spacious veranda, a nice roof garden with panoramic views and also provides a private covered parking and a storage.
Inside, the property offers a spacious living/dining area and kitchen with all the necessary brand new appliances.
Two comfortable bedroom with fitted wardrobes and two bathrooms.

Close proximity to several amenities, New Metropolis Mall, Supermarket, Restaurants, Coffee Places etc.
Perfect for couples and co workers.
Floor: 4th

Features

Close to shopping malls

Close to shopping malls

Panoramic view

Panoramic view

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Marble flooring

Marble flooring

Statistics

€ 3 329

Price per sq.m.

166

Quality of Life Index

53

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

1 600

/ per month

2 Bedrooms

1 Bathrooms

5 Floor

IV quarter, 1988

80 sq.m.

1 500

/ per month

2 Bedrooms

1 Bathrooms

1 Floor

80 sq.m.

1 500

/ per month

2 Bedrooms

2 Bathrooms

2 Floor

IV quarter, 2025

80 sq.m.

+ VAT

1 500

/ per month

2 Bedrooms

1 Bathrooms

2 Floor

80 sq.m.

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 50323

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 50323

Features

Location

Close to shopping malls

Close to shopping malls

Panoramic view

Panoramic view

Features

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Marble flooring

Marble flooring

Good quality

Good quality

Outdoor features

Supermarket

Supermarket

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