+ 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. 54194

3

Bedrooms

2

Bathrooms

97 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Discover premium coastal living in one of Larnaca’s most desirable neighborhoods — the vibrant New Marina district. This stylish 3-bedroom apartment combines spacious design with top-tier finishes, just a short walk from the Radisson Blu Hotel and the transformative New Marina project. Enjoy an open-plan living and dining area, a fully equipped modern kitchen, and three comfortable bedrooms, perfect for families, professionals, or investors. With strong rental potential and proximity to trendy cafes, shops, and scenic seafront walks, this is a prime real estate opportunity not to be missed.

Features

City center

City center

New development project

New development project

Elevator

Elevator

Private parking

Private parking

School

School

Supermarket

Supermarket

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

97 sq.m.

+ VAT

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97 sq.m.

+ VAT

335 000

3 Bedrooms

2 Bathrooms

4 Floor

97 sq.m.

340 000

3 Bedrooms

97 sq.m.

+ VAT

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 54194

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 54194

Features

Location

City center

City center

Features

New development project

New development project

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

School

School

Supermarket

Supermarket

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