€ 260 000

€ 3 250 / 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 Larnaka, Cyprus No. 50786

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

Discover a new residential development in the sought-after Kamares area of Larnaca, offering contemporary apartments designed for comfortable modern living in a peaceful yet highly connected location. This gated development provides added privacy and security, while each residence benefits from a private parking space and dedicated storage room, making everyday living both practical and convenient.

Each floor consists of four carefully designed apartments with layouts that maximise natural light and create a bright, welcoming atmosphere throughout. Spacious interiors flow seamlessly onto generous balconies and terraces, extending the living areas outdoors and providing ideal spaces for relaxation, dining, and entertaining.

This elegant penthouse apartment features two spacious bedrooms and two modern bathrooms, including an en-suite shower in the master bedroom. A standout feature of the property is the impressive 40m² private roof garden, offering additional outdoor living space perfect for entertaining guests, enjoying the Cyprus sunshine, or creating a private retreat with panoramic surroundings.

Built with attention to quality and detail, the development incorporates premium materials, modern finishes, and state-of-the-art fittings that combine functionality with refined contemporary design.

The project is ideally positioned just a short drive from Larnaca International Airport, the city centre, beautiful beaches, and major road networks connecting all parts of Cyprus. Residents can enjoy easy access to schools, shopping centres, healthcare facilities, restaurants, and leisure amenities, while still benefiting from the calm and comfort of a residential neighbourhood.

Located only minutes from the vibrant centre of Larnaca and its popular seafront, this penthouse presents an excellent opportunity for both permanent residence and property investment in Cyprus.