2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 51135

Bedrooms

Bathrooms

80 sq.m.

Square

€ 220 000

€ 2 750 / 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%

Parameters

Property Description

This contemporary residential development in Larnaca offers a selection of modern two-bedroom apartments designed for comfortable everyday living. The project combines well-planned interiors with generous proportions, creating bright and functional spaces suited to modern lifestyles.

Each apartment features a thoughtfully designed layout that maximises natural light and ensures a smooth flow between living areas. The interiors are finished to a high standard and include fitted wardrobes, kitchen cabinetry, and modern appliances, providing a ready and practical living environment.

The development is located in a well-established residential area, offering a peaceful setting while remaining close to schools, shops, and essential services. Its convenient location also provides easy access to the city centre and the coastline, making it suitable for both permanent residence and investment.

The building consists of multiple floors with a limited number of apartments per level, ensuring a balanced residential atmosphere. The top floor features exclusive penthouses, each with a private roof garden, offering additional outdoor space for relaxation and leisure.

The main features of the project and the units:
• Located in Larnaca
• 2-bedroom apartments
• Approximately 100 m² covered area per unit
• 2 bathrooms
• High-quality finishes
• Fitted wardrobes and kitchen cabinets
• Modern appliances included
• Available on floors 1–4
• Option for designer furniture package
• Parking space included
• Storage room included
• Four apartments per floor
• Penthouses on the 4th floor
• Private roof garden of approximately 40 m² for each penthouse
• Spacious balconies and terraces
• Close to city centre and the sea
• Easy access to amenities and main destinations