+ 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. 50963

2

Bedrooms

2

Bathrooms

100 sq.m.

Square

Parameters

Property Description

This exclusive 5-storey residential development in Larnaca comprises only 12 spacious units, offering a premium selection of 2, 3 and 4-bedroom apartments, including penthouse apartments with private roof gardens.

Designed for comfort and style, the project combines modern architecture with high-quality finishes, providing the ideal home in the heart of the city.

This luxury development offers city center living at its best within walking distance to schools, supermarkets and you can enjoy the quietness of the center while being a part of it.

The location is only a 15-20 minute walk to Finikoudes promenade and the beach (Blue Flag).

• Superb architecture
• Modern sized windows, providing stunning views
• Impressive designed entrance with the special stand-out features
• Video intercom system
• Covered parking for all apartments

The project has utilised energy photovoltaic technology to respect the environment, save consumption and running costs, energy efficiency, reducing the building impact in the environment.

Features

City center

City center

City view

City view

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

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

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2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 50963

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 50963

Features

Location

City center

City center

City view

City view

Features

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Modern design

Modern design

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Elevator

Elevator

Covered parking

Covered parking

Outdoor features

Transport accessibility

Transport accessibility

Garden

Garden

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