3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 54727

Bedrooms

Bathrooms

102 sq.m.

Square

€ 265 000

€ 2 598 / 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%

Parameters

Property Description

This modern residential building is located in a quiet area of Aradippou, Larnaca, close to the stadium. The project comprises just eight apartments spread over three floors, offering a choice of one-, two- and three-bedroom units.

Each apartment features a covered veranda, while one of the three-bedroom apartments on the top floor also enjoys an uncovered veranda. All apartments come with air conditioning units included in the price. Each unit is complemented by a storage room on the ground floor and a covered parking space. The price also includes a 2KV solar panel for the communal areas, while the three-bedroom apartments on the top floor are equipped with solar panels of approximately 3KV.

The main features of the project and the units:

• 8 apartments on 3 floors
• 1, 2 and 3-bedroom apartments
• Quiet area near the stadium
• Air conditioning units in all apartments
• Covered verandas
• Storage rooms on the ground floor
• Covered parking spaces
• 2KV solar panel for the communal areas; ~3KV solar panels in the top-floor apartments

The project has an EPC certificate with "A" energy efficiency rating.

Features

Storage room

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

3 Bedrooms

102 sq.m.

+ VAT

3 Bedrooms

102 sq.m.

+ VAT

Verified property

3 Bedrooms

2 Bathrooms

IV quarter, 2026

102 sq.m.

+ VAT

3 Bedrooms

2 Bathrooms

102 sq.m.