+ 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. 55031

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment for Sale in Mackenzie, Larnaca
Situated on the sixth floor of a brand-new development in the highly sought-after Mackenzie area of Larnaca, this stylish 2-bedroom apartment offers 83 sq.m. of contemporary living space, perfectly combining comfort, elegance, and an exceptional coastal setting.
The apartment features 2 spacious bedrooms and 2 modern bathrooms, making it an excellent choice for permanent residence, a holiday home, or a smart investment opportunity. Designed with modern living in mind, the property is equipped with underfloor heating and air conditioning to ensure year-round comfort.
Residents can enjoy an impressive range of premium amenities, including a communal swimming pool, beautifully landscaped gardens, a private storage room, and an elevator providing convenient access to all floors. The apartment also includes one secure underground parking space.
Ideally located just moments from the sea and close to public transportation, the property enjoys beautiful sea views and offers easy access to Mackenzie’s vibrant beachfront, restaurants, cafés, and everyday amenities.
For enhanced security and peace of mind, the development features CCTV, security cameras, and a security alarm system.
This exceptional apartment presents an outstanding opportunity to own a contemporary home in one of Larnaca’s most desirable seaside locations, offering an enviable lifestyle and excellent long-term investment potential.

Features

Sea view

Sea view

Alarm system

Alarm system

Floor heating in all rooms

Floor heating in all rooms

New development project

New development project

Elevator

Elevator

Garden

Garden

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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83 sq.m.

+ VAT

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+ VAT

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2 Bedrooms

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+ VAT

820 000

2 Bedrooms

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+ VAT

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55031

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55031

Features

Location

Sea view

Sea view

Features

Alarm system

Alarm system

Floor heating in all rooms

Floor heating in all rooms

New development project

New development project

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

Swimming pool

Swimming pool

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