€ 440 000

€ 5 000 / 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 Penthouse in Larnaca, Larnaka, Cyprus No. 54989

Bedrooms

Bathrooms

88 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment for Sale in Mackenzie, Larnaca
Discover this contemporary 2-bedroom apartment situated on the 5th floor in the highly desirable Mackenzie area of Larnaca. Offering 88 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 two modern bathrooms, thoughtfully designed to provide a comfortable and functional living environment. The open-plan layout maximizes natural light and creates a welcoming atmosphere, ideal for modern living.
Residents will benefit from a private storage room and high-quality construction, offering both convenience and practicality. Located in one of Larnaca’s most sought-after coastal neighborhoods, the property provides easy access to Mackenzie Beach, restaurants, cafés, and a wide range of everyday amenities.
Key Features
88 m² internal area
5th floor apartment
2 spacious bedrooms
2 modern bathrooms
Expected delivery in 2027
Under construction
Storage room
Modern design and quality finishes
Excellent investment opportunity
Located in the sought-after Mackenzie area
This contemporary apartment combines an outstanding location, modern architecture, and excellent investment potential, making it an ideal choice for permanent residence, a holiday home, or a high-yield rental property in one of Larnaca’s most prestigious coastal areas.