+ 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. 51811

2

Bedrooms

2

Bathrooms

86 sq.m.

Square

IV quarter, 2021

Completion date

Parameters

Property Description

Unique apartment, part of the iconic GAIA building in Larnaca, is now available for a six-month or annual long-term lease. The apartment is located on the 1st floor of this ten-story building, right next to the beach and the coastal road of Finikoudes, surrounded by amenities and facilities such as supermarkets, banks, shops, a gym, restaurants and cafes.

It consists of 2 bedrooms and 2 bathrooms (1 ensuite), with a comfortable living and dining room and kitchen. It also has covered verandas.

The apartment is available immediately. Common maintenance fees are added to the rental price and amount to 190 euros per month.
Floor: 1st

Features

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

Near restaurants

Near restaurants

Balcony

Balcony

Air Conditioners

Air Conditioners

Transport accessibility

Transport accessibility

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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+ VAT

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/ per month

2 Bedrooms

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+ VAT

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2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 51811

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 51811

Features

Location

Close to shopping malls

Close to shopping malls

Sea nearby

Sea nearby

Near restaurants

Near restaurants

Features

Balcony

Balcony

Air Conditioners

Air Conditioners

Outdoor features

Transport accessibility

Transport accessibility

Supermarket

Supermarket

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