€ 250 000

€ 2 907 / 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 Larnaca, Larnaka, Cyprus No. 51186

Bedrooms

Bathrooms

86 sq.m.

Square

Parameters

Property Description

This contemporary residential development is located in the popular Vergina area of Larnaca, perfectly positioned for everyday convenience. Set in a quiet, well-connected neighbourhood, it delivers calm residential living with the whole city within easy reach.

The project consists of two modern blocks, each comprising just nine thoughtfully designed apartments. A selection of spacious one and two-bedroom residences is available, together with impressive penthouses featuring private roof gardens.

Designed for comfortable modern living, the apartments feature bright open-plan layouts connecting the kitchen, dining and lounge areas. Large full-height doors allow plenty of natural light while extending the living space onto generous private balconies, ideal for enjoying Cyprus’ Mediterranean climate.

The penthouse residences benefit from private roof gardens offering generous additional outdoor space for relaxing, dining and entertaining, together with attractive views across the surrounding area.

Bedrooms are designed with comfort and practicality in mind, while the building’s clean architectural lines, contemporary finishes and well-balanced proportions create an attractive modern development that complements its residential surroundings.

Vergina is a well-established residential area of Larnaca, offering excellent everyday convenience while remaining within easy reach of the city. Supermarkets and a wide range of shops, schools and essential amenities are within walking distance or nearby, while Metropolis Mall is only a few minutes away by car. Larnaca city centre and Finikoudes Beach are approximately 10 minutes’ drive away, with Larnaca International Airport also easily accessible in around 10–15 minutes. The area additionally benefits from convenient access to the main road and highway network.