€ 400 000

€ 4 082 / 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%

3 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 50334

Bedrooms

98 sq.m.

Square

Parameters

Property Description

This contemporary residential apartment building in Larnaca combines modern design, comfort and everyday functionality in one elegant structure. Featuring clean architectural lines and a neutral color palette, the building offers aesthetic that blends seamlessly with the surrounding greenery.

The development consists of four floors of spacious modern apartments, designed to maximize natural light and indoor-outdoor living. Large windows and wide balconies create bright, airy interiors with views of the neighborhood and nearby nature. Located just a 10-minute drive from Finikoudes promenade and the Blue Flag beach, these apartments are ideal for permanent residence, holiday living or property investment in Larnaca.

Main features:

• Modern, refined architectural design
• Premium finishes with attention to detail
• Surrounded by two green areas
• Open views facing the Salt Lake
• Balanced urban living with nature and light.

The Project has EPC certificate with "A" Energy Efficiency Rating.

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

Verified property

3 Bedrooms

2 Bathrooms

IV quarter, 2023

98 sq.m.

+ VAT

3 Bedrooms

98 sq.m.

+ VAT

3 Bedrooms

98 sq.m.

+ VAT

3 Bedrooms

99 sq.m.

+ VAT