2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 51346

Bedrooms

84 sq.m.

Square

€ 285 000

€ 3 393 / 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 residential development in Larnaca offers a refined living environment that combines comfort with elegant design. Located close to the coastline and everyday amenities, the project provides a convenient setting for modern family living.

The development consists of a limited number of residences, including two-bedroom apartments and a three-bedroom penthouse. Each unit is designed with open-plan layouts, featuring bright living areas and kitchens that create a seamless and functional space. Large verandas extend the interiors outdoors, enhancing the overall living experience.

The penthouse stands out with its wrap-around terraces, offering elevated views and additional outdoor space. The project also incorporates practical elements such as secure parking and private storage, ensuring convenience and ease of living.

Thoughtfully designed interiors and well-proportioned layouts create a comfortable and balanced residential atmosphere, suitable for both personal use and long-term value.

The main features of the project and the units:
• Located in Larnaca near the sea
• 8 two-bedroom apartments
• 1 three-bedroom penthouse
• Open-plan kitchens
• Bright living areas
• Spacious verandas
• Wrap-around terraces for the penthouse
• Gated parking
• Private storage rooms

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

Features

Storage room

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

2 Bedrooms

3 Bathrooms

84 sq.m.

+ VAT

2 Bedrooms

84 sq.m.

+ VAT

2 Bedrooms

84 sq.m.

+ VAT

2 Bedrooms

84 sq.m.

+ VAT