+ 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 Penthouse in Larnaca, Larnaka, Cyprus No. 54998

3

Bedrooms

3

Bathrooms

101 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 3-Bedroom Penthouse for Sale in Agios Nikolaos, Larnaca
Discover this exceptional 3-bedroom penthouse apartment in the sought-after Agios Nikolaos area of Larnaca. Offering 101 m² of internal living space, this contemporary residence is currently under construction, making it an excellent opportunity for both homeowners and investors.
The apartment features three spacious bedrooms and three modern bathrooms, designed to provide comfort, functionality, and privacy. The open-plan layout creates a bright and welcoming living environment, ideal for modern lifestyles.
Residents will benefit from a covered parking space, a private storage room, and elevator access. The property also includes air conditioning provisions, CCTV surveillance, security cameras, and a security alarm system, ensuring convenience and peace of mind.
Ideally located close to public transportation and just a short distance from the sea, this penthouse offers easy access to everyday amenities while allowing residents to enjoy the best of coastal living.
Key Features
101 m² internal area
3 spacious bedrooms
3 modern bathrooms
Penthouse apartment
Under construction
1 covered parking space
Storage room
Elevator
Air conditioning provisions
CCTV surveillance
Security cameras
Security alarm system
Close to public transportation
Short distance from the sea
Delivery date due: 2027
This outstanding penthouse combines contemporary design, an excellent location, and high-quality specifications, making it an ideal choice for comfortable living or a valuable investment in one of Larnaca’s most desirable neighborhoods.

Features

Alarm system

Alarm system

New project

New project

Elevator

Elevator

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 Penthouse in Larnaca, Larnaka, Cyprus No. 54998

3 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 54998

Features

Features

Alarm system

Alarm system

New project

New project

Indoor facilities

Elevator

Elevator

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