+ 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 Apartment in Larnaca, Larnaka, Cyprus No. 55000

3

Bedrooms

3

Bathrooms

105 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern Ground Floor 3-Bedroom Apartment for Sale in Agios Nikolaos, Larnaca
Discover this contemporary ground floor apartment in the desirable Agios Nikolaos area of Larnaca. Offering 105 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 three spacious bedrooms and three modern bathrooms, designed to provide comfort, functionality, and a practical layout for modern family living. The ground floor position offers easy access and the added benefit of outdoor space with a private garden.
Residents will enjoy a covered parking space, a private storage room, air conditioning provisions, and a range of security features, including CCTV surveillance, security cameras, and a security alarm system, ensuring convenience and peace of mind.
Ideally located close to public transportation, parks, and the sea, this property offers the perfect balance between peaceful residential living and easy access to all essential amenities.
Key Features
105 m² internal area
Ground floor apartment
3 spacious bedrooms
3 modern bathrooms
Private garden
Expected delivery in 2027
Under construction
1 covered parking space
Storage room
Air conditioning provisions
CCTV surveillance
Security cameras
Security alarm system
Close to public transportation
Close to parks
Short distance from the sea
This modern ground floor apartment combines quality construction, contemporary design, and an excellent location, making it an outstanding choice for comfortable family living or a valuable investment in one of Larnaca’s most sought-after neighborhoods.

Features

Alarm system

Alarm system

Garden

Garden

Park

Park

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 Apartment in Larnaca, Larnaka, Cyprus No. 55000

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55000

Features

Features

Alarm system

Alarm system

Outdoor features

Garden

Garden

Park

Park

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