€ 280 000

€ 3 590 / 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 Larnaka, Cyprus No. 54629

Bedrooms

Bathrooms

78 sq.m.

Square

Parameters

Property Description

Discover this modern two-bedroom penthouse apartment within a contemporary residential development in the popular Kamares area of Larnaca. Situated next to a green area in a peaceful residential neighbourhood, the development offers a comfortable lifestyle while remaining close to all everyday amenities, making it an excellent choice for both permanent living and investment.

This particular penthouse also benefits from a private 40m² roof garden, providing the perfect space for outdoor dining, entertaining, sunbathing, or simply relaxing while enjoying the surrounding views.

The location provides easy access to supermarkets, schools, cafés, restaurants, pharmacies, and other essential services. Larnaca city centre is approximately a 10-minute drive away, while Metropolis Mall is less than 3 km from the development, offering a wide range of shopping, dining, and entertainment options. The nearby motorway network also provides convenient access to the rest of the island.

Larnaca International Airport can be reached in around 10 minutes by car, and the popular beaches of Finikoudes and Mackenzie are approximately 15 minutes away, making it easy to enjoy the city's coastline and vibrant seafront.

Kamares is a well-established residential area known for its quiet surroundings, excellent accessibility, and the historic Kamares Aqueduct. Offering a balance of convenience and tranquillity, it remains one of Larnaca's most desirable locations, with everything needed for everyday living close at hand.