1 bedroom Penthouse in Larnaca, Larnaka, Cyprus No. 53296
1
Bedrooms
1
Bathrooms
51 sq.m.
Square
€ 245 000
€ 4 804 / sqm
+ VAT
+ 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.
Parameters
Property Description
Set in the heart of Larnaca, this contemporary residential development offers a refined collection of studios, one-bedroom and two-bedroom apartments designed for modern urban living. Smart, functional layouts are combined with a prime central location, making the homes equally suited to comfortable everyday living and a solid long-term investment.
The building rises above a ground floor dedicated to private covered parking and individual storage rooms, with three residential floors above. Each floor offers a balanced mix of one studio, four one-bedroom apartments and one two-bedroom apartment, all complemented by covered verandas. The top-floor apartments are crowned with private roof gardens, providing generous outdoor space high above the city.
Studios extend to approximately 37 m2 with a 9 m2 covered veranda, one-bedroom apartments to 51 m2 with a 14 m2 veranda, and two-bedroom apartments to 77 m2 with a 20 m2 veranda. Every apartment comes with its own covered parking space and a private storage room.
The location places residents within walking distance of the Finikoudes seafront promenade, close to Metropolis Mall and within easy reach of Larnaca International Airport — a combination of lifestyle, convenience and strong rental potential.
The main features of the project and the units:
• Contemporary residential complex in central Larnaca
• Studios, one-bedroom and two-bedroom apartments
• Top-floor apartments crowned with private roof gardens
• Covered veranda with every apartment
• Private covered parking space for each apartment
• Private storage room for each apartment
• Studios approx. 37 m2 + 9 m2 covered veranda
• One-bedroom apartments approx. 51 m2 + 14 m2 veranda
• Two-bedroom apartments approx. 77 m2 + 20 m2 veranda
• Within walking distance of the Finikoudes seafront promenade
• Close to Metropolis Mall
• Easy access to Larnaca International Airport
• Smart, modern and functional layouts
The project has an EPC certificate with “A” energy efficiency rating.
Features
Storage room
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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