€ 265 000

€ 3 193 / 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 Larnaka, Cyprus No. 52259

Bedrooms

Bathrooms

83 sq.m.

Square

Parameters

Property Description

A new residential development situated in the sought-after Agios Nikolaos area of Larnaca. Ideally positioned just 3 km from Finikoudes Beach, only a short drive from Metropolis Mall and Makarios III High School, and close to all everyday amenities, the project offers an excellent balance of convenience, comfort, and exclusivity.

The development consists of 12 spacious apartments spread across three floors, offering a selection of one- and two-bedroom residences designed with practical layouts and contemporary finishes. Special emphasis has been placed on the upgraded specifications throughout, including high-quality sanitary ware, mixers, accessories, tiling, and the carefully designed kitchen and bathroom areas, creating stylish interiors with a refined finish. Each apartment also benefits from an allocated parking space and a private ground-floor storage room.

Created with modern living in mind, this energy-efficient Class A building combines comfort, elegance, and smart architectural design in a prime location.