€ 340 000

€ 4 533 / 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 Larnaca, Larnaka, Cyprus No. 54978

Bedrooms

Bathrooms

75 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment for Sale in Larnaca City Center
Discover this contemporary 2-bedroom apartment situated on the 1st floor in the heart of Larnaca City Center. Offering 75 m² of internal living space, this modern residence is currently under construction and is expected to be completed in 2027, making it an excellent opportunity for both homeowners and investors.
The apartment features two spacious bedrooms and three modern bathrooms, thoughtfully designed to provide comfort, functionality, and privacy. The bright open-plan living and dining area creates a welcoming atmosphere, while the practical layout is ideal for contemporary urban living.
Residents will benefit from one covered parking space, a private storage room, elevator access, and air conditioning provisions. The property also includes CCTV surveillance, security cameras, and a security alarm system, ensuring enhanced security and peace of mind.
Ideally located in the vibrant city center, the apartment offers easy access to shops, restaurants, cafés, schools, business districts, and all essential amenities, making it a perfect choice for permanent residence or a high-return investment.
Key Features
75 m² internal area
1st floor apartment
2 spacious bedrooms
3 modern bathrooms
Expected delivery in 2027
Under construction
1 covered parking space
Storage room
Elevator
Air conditioning provisions
CCTV surveillance
Security cameras
Security alarm system
Prime city center location
Modern design and quality finishes
Excellent investment opportunity
This contemporary apartment combines modern architecture, quality construction, and an exceptional central location, making it an outstanding opportunity for comfortable city living or a valuable investment in the heart of Larnaca.