+ 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 Penthouse in Alethriko, Larnaka, Cyprus No. 53838

3

Bedrooms

2

Bathrooms

166 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

• Luxury 3-Bedroom Penthouse with City Views – Alethriko | Delivery April 2026
Experience elevated living with this stunning 8th-floor penthouse apartment in the growing area of Alethriko. With a generous internal space of 166 sq.m., this property offers the perfect blend of luxury, comfort, and convenience.
Designed for modern lifestyles, the apartment features 3 spacious bedrooms and 2 stylish bathrooms, making it ideal for families or those seeking extra space.
Enjoy beautiful city views from your penthouse, offering a unique sense of privacy and openness.
Property Features:
• 1 Closed parking space
• Private storage room
• Internet ready
• Air conditioning provisions
• Solar water heating system
• Thermal insulation for energy efficiency
• Double-glazed windows
• Located in a quiet neighborhood
• Ideally situated close to:
• Cafés & Restaurants
• Local markets & everyday amenities
This penthouse is part of a modern development currently under construction, built with high-quality materials and contemporary standards.
• Estimated Delivery: April 2026
• An excellent opportunity for luxury living or a high-return investment!

Features

City view

City view

Internet

Internet

Private parking

Private parking

Garden

Garden

Similar Property

1 500 000

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166 sq.m.

+ VAT

936 000

3 Bedrooms

166 sq.m.

+ VAT

670 000

3 Bedrooms

168 sq.m.

+ VAT

550 000

3 Bedrooms

3 Bathrooms

164 sq.m.

3 bedrooms Penthouse in Alethriko, Larnaka, Cyprus No. 53838

3 bedrooms Penthouse in Alethriko, Larnaka, Cyprus No. 53838

Features

Location

City view

City view

Features

Internet

Internet

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

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