€ 430 000

€ 5 375 / 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 Larnaca, Larnaka, Cyprus No. 52262

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

A boutique residential development ideally situated in the highly desirable Faneromeni area of Larnaka. Positioned within walking distance of the Church of Saint Lazarus, the Old Town, the city centre, and the Finikoudes seafront, the project enjoys an exceptional location in the heart of the city, with easy access to all everyday amenities.

The development consists of seven spacious two-bedroom apartments and one exclusive penthouse, all thoughtfully designed with contemporary layouts and quality finishes. Each residence includes private parking and a storage room, while the building has been designed with energy efficiency in mind with an Energy Performance Grade “A” certification.

This top-floor penthouse enjoys an exclusive 95m² roof garden with private rooms, provision for a jacuzzi, and panoramic views, ideal for luxury living.

Special attention has been given to the enhanced specifications throughout the project, including premium sanitary ware, mixers, accessories, tiling, and the carefully planned kitchen and bathroom designs, creating a stylish and high-quality living environment.

Located in a quiet and family-oriented neighborhood, these beautiful Residences offer an ideal blend of comfort, privacy, and convenience in one of Larnaka’s most desirable urban areas.