+ 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. 51213

2

Bedrooms

2

Bathrooms

77 sq.m.

Square

Parameters

Property Description

Listing is for a Two Bedroom Penthouse Apartment with Roof Terrace.

This New Residence offers an exceptional living experience in the New Metropolis Mall area of Larnaca, perfectly blending urban convenience with tranquil comfort.

Located just a short walk from the vibrant Metropolis Mall, residents will enjoy easy access to shopping, dining, and entertainment, while still benefiting from a quiet and comfortable neighborhood atmosphere.

This exclusive development features a meticulously curated selection of homes, including four beautifully designed one-bedroom apartments and five spacious two-bedroom apartments, catering to a variety of lifestyles. The building's architecture is a true highlight, boasting a thoughtfully crafted facade characterized by numerous setbacks and
large, strategically placed windows.

This intelligent design not only enhances the building's aesthetic appeal but also ensures that every residence is flooded with incredible natural light, enjoys abundant fresh air, and offers captivating views, creating a bright and inviting living space.

Under Construction - Estimated completion August 2027.

Reg. No. 1052 – Lic. No. 512/E

Features

Fast exit to the highway

Plastic windows with double glazing

Plastic windows with double glazing

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Storage room

Storage room

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

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+ VAT

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Verified property

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 53373

265 000

2 Bedrooms

1 Bathrooms

IV quarter, 2027

77 sq.m.

+ VAT

260 000

2 Bedrooms

77 sq.m.

+ VAT

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 51213

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 51213

Features

Location

Fast exit to the highway

Features

Plastic windows with double glazing

Plastic windows with double glazing

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Indoor facilities

Storage room

Storage room

Outdoor features

Transport accessibility

Transport accessibility

Garden

Garden

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