€ 290 000

€ 3 620 / 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. 53157

Bedrooms

Bathrooms

80.1 sq.m.

Square

Parameters

Property Description

Discover a contemporary new residential development offering luxurious one, two, and three-bedroom apartments in a convenient and well-connected area of Larnaca. This modern project combines stylish design, comfortable living spaces, and excellent accessibility, making it ideal for both homeowners and investors.

Each apartment has been thoughtfully designed to maximise natural light and functionality, featuring spacious open-plan living areas, modern finishes, generous verandas, and beautiful open views. This particular apartment further benefits from a private 47 m² roof garden, providing an excellent outdoor space for relaxation, entertaining, and enjoying the surrounding views. Every residence also benefits from covered parking and a private storage room, providing added convenience for everyday living.

Located in a quiet residential neighbourhood, residents enjoy easy access to a wide range of amenities within walking distance, including AlfaMega Supermarket, Zorpas Bakery, cafés, restaurants, pharmacies, schools, and everyday services. The development is also positioned close to major road networks, allowing quick and easy travel throughout the city and beyond.

The location offers excellent connectivity to some of Larnaca's most important destinations. Finikoudes Beach, the city centre, Larnaca Marina, and the upcoming Larnaca Port and Marina redevelopment area are all just a short drive away, while Larnaca International Airport can be reached in approximately 10-15 minutes.

Combining modern architecture, open views, and a highly convenient location, these apartments offer an excellent opportunity to enjoy contemporary living in the heart of Larnaca.