2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 51125

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

+ 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%

Parameters

Property Description

This residential development is located in the centre of Larnaca, offering a convenient urban lifestyle with easy access to essential amenities and services. The project consists of a limited number of apartments, creating a balanced and practical living environment.

The development features two-bedroom apartments designed for comfortable everyday living, with functional layouts that make efficient use of space. Each unit includes essential features such as parking and storage, enhancing the overall convenience for residents.

The building is arranged over four floors, with a select number of apartments throughout. The top level is dedicated to penthouses, each benefiting from a private roof garden, providing additional outdoor space for relaxation and everyday use.

The main features of the project and the units:
• Located in Larnaca city centre
• 2-bedroom apartments
• 4-floor building
• 8 apartments in total
• Penthouses with private roof gardens
• Parking space included
• Storage room included

The project has an EPC certificate with “A” energy efficiency rating.

Features

Storage room

Storage room

Car park

Car park

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

232 000

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 56050

232 000

2 Bedrooms

2 Bathrooms

IV quarter, 2027

80 sq.m.

+ VAT

230 000

2 Bedrooms

80 sq.m.

+ VAT

230 000

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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