€ 350 000

€ 2 692 / 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%

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 52879

Bedrooms

Bathrooms

130 sq.m.

Square

Parameters

Property Description

A stunning new residential development in the sought-after area of Krasa, Larnaca, featuring a modern and impressive complex of four apartment blocks. Set in a quiet neighbourhood adjacent to an agricultural zone, the development offers a peaceful residential setting while remaining close to the city and everyday amenities.

This impressive top-floor penthouse apartment offers 130 m² of internal living space, with three spacious bedrooms and three contemporary bathrooms (two en-suites and one main bathroom). The apartment is designed with bright interiors, modern finishes and an Energy Efficiency Class A rating, offering comfortable living with reduced running costs.

The spacious veranda includes a spiral staircase leading up to the private roof garden, where residents can enjoy panoramic countryside views and additional outdoor living space.

The property includes a private storage room and covered parking space. Its excellent location provides direct access to the main motorway networks, a 5-minute drive to the New Metropolis Mall, approximately 10 minutes to Larnaca town centre and 10 minutes to Larnaca International Airport, with easy access to Larnaca’s beaches.

An ideal choice for families, professionals or investors looking for a modern penthouse apartment, combining peaceful surroundings, city convenience and excellent connectivity.