+ 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%

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 51191

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

Parameters

Property Description

Listing is for a One Bedroom Apartment located on the first floor.

Luxury Residences in Prime Larnaca Location

This exceptional new project is ideally situated in one of the most desirable and sought-after areas of Larnaca—just a two minute drive to the renowned Finnikoudes Beachfront and only minutes away from the City Center, top restaurants, shops, supermarkets, and the Metropolis Mall. The development also offers excellent connectivity with central transportation routes and public transit, making travel around the city effortless.

Designed with modern living in mind, these residences provide a unique combination of luxury, comfort, and affordability, catering to those who value tranquility, convenience, and high-quality lifestyle.

The area itself is considered a prime hub for high-end developments, making it a highly attractive option for both investment opportunities and personal living.

The Concept

The project comprises twelve residential apartments, designed with a modern architectural aesthetic that blends seamlessly with the natural surroundings. The result is a serene and elegant living environment.

Exceptional Features

Prime Location: Close to Finnikoudes Touristic Area and Larnaca City Center.

Superior Construction: Built to the highest standards with a focus on durability and energy efficiency.

Security & Privacy: Equipped with state-of-the-art security systems to ensure residents’ safety and peace of mind.

Currently under construction, with an estimated completion date of September 2026.

Features

Close to the beach

Close to the beach

City center

City center

Fast exit to the highway

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

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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1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 51191

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 51191

Features

Location

Close to the beach

Close to the beach

City center

City center

Fast exit to the highway

Features

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Elevator

Elevator

Outdoor features

Transport accessibility

Transport accessibility

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