+ 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. 53668

3

Bedrooms

3

Bathrooms

100 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 3-Bedroom Apartment for Sale in Larnaca – Kamares
Stylish 3-bedroom penthouse apartment on the 3rd floor of a modern development in the sought-after Kamares area of Larnaca. Offering 100sm of internal space and a roof garden, the property features 3 bathroom, open-plan living areas, covered parking, storage room, and elevator access.
Energy Efficiency Class A, ensuring comfort and lower energy costs. Ideally located close to transportation, the sea, shopping mall, and the city center, making it an excellent choice for both residence and investment.
Under construction – Delivery May 2027.

Features

Close to shopping malls

Close to shopping malls

City center

City center

New project

New project

Elevator

Elevator

Garden

Garden

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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3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 53668

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 53668

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Features

New project

New project

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

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