1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 52860

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

+ 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

A contemporary four-storey residential building positioned in the heart of Larnaca’s vibrant harbour district, just 400 metres from the beach and 300 metres from the sea port. The development offers a carefully curated selection of studios and one-bedroom apartments finished to a high standard, with covered parking and storage rooms included for every unit.

The open-plan living and dining areas flow seamlessly into fully equipped modern kitchens, while generous covered balconies extend the living space outdoors. Select units on upper floors feature spacious open terraces, and the top-floor residences are elevated by private roof gardens — delivering an outstanding outdoor lifestyle in one of Larnaca’s most dynamic locations.

Residents enjoy easy access to Larnaca’s city centre, main roads, and the full range of amenities the neighbourhood has to offer. AC reservations are provided throughout, ensuring comfortable living year-round.

The main features of the project and the units:

• Studios and 1-bedroom apartments
• 400 m to the beach, 300 m to Larnaca sea port
• Covered balconies; select units with open terraces
• Top-floor penthouses with private roof gardens
• Covered parking space for every unit
• Storage rooms
• AC reservations
• Premium finishes throughout

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

Features

Storage room

Storage room

Car park

Car park

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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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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