2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 52394

Bedrooms

Bathrooms

81 sq.m.

Square

€ 310 000

€ 3 827 / 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 modern three-storey residential development in a quiet neighbourhood of Larnaca brings together thoughtful design, premium finishes, and a genuine sense of comfort. Twelve stylish two-bedroom apartments are spread across three floors, with four penthouse units on the top level offering something truly exceptional: private roof gardens spanning up to 100 m², complete with stunning sea views.

Each residence is designed with both comfort and functionality at its core. The interiors strike a balance between ergonomic planning and refined aesthetics, while high-quality materials throughout ensure durability and elegance. Generous covered verandas extend the living space outdoors, creating seamless transitions between interior and exterior.

The building occupies a serene residential area that feels calm and secluded, yet remains well connected to everyday essentials. Supermarkets, bakeries, and schools are all within easy reach, making this an ideal choice for families and professionals who value both tranquility and convenience.

Top-floor apartments stand apart with their exclusive rooftop access — private gardens measuring between 68 and 100 m² that open up to breathtaking sea views. These outdoor spaces transform daily living into something more elevated, offering room for relaxation, entertaining, and enjoying the Mediterranean climate in complete privacy.

The main features of the project and the units:

- 3-storey residential building

- 12 two-bedroom apartments

- Internal area 80–83 m²

- Covered verandas 13–26 m²

- 1st and 2nd floor apartments: 2 bathrooms

- 3rd floor apartments: 3 bathrooms and private roof garden 68–100 m²

- Total area from 94.55 to 194.55 m²

- Sea views

- Premium materials and finishes

- Quiet residential location in Larnaca

- Close to supermarkets, bakeries and schools

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

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT

2 Bedrooms

81 sq.m.

+ VAT