+ 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. 55033

3

Bedrooms

3

Bathrooms

110 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Modern 3-Bedroom Apartment for Sale in Mackenzie, Larnaca
Discover contemporary coastal living in this brand-new 3-bedroom apartment located in the highly sought-after Mackenzie area of Larnaca. Offering 110 sq.m. of thoughtfully designed internal living space, this exceptional residence combines modern comfort with an enviable seaside location.
The apartment features 3 spacious bedrooms and 3 stylish bathrooms, making it an ideal choice for families, permanent living, a holiday home, or a high-return investment. Designed with comfort in mind, the property includes underfloor heating and air conditioning, ensuring year-round convenience.
Residents will enjoy a range of premium amenities, including a communal swimming pool, landscaped gardens, a private storage room, and an elevator providing easy access throughout the building. The apartment also comes with one underground parking space.
Situated just moments from the sea and with easy access to public transportation, the property boasts beautiful sea views and offers the perfect balance of tranquility and connectivity.
For added peace of mind, the development is equipped with CCTV, security cameras, and a security alarm system.
This outstanding property presents an excellent opportunity to own a stylish home in one of Larnaca’s most desirable coastal locations, offering exceptional lifestyle appeal and strong investment potential.

Features

Sea view

Sea view

Alarm system

Alarm system

Floor heating in all rooms

Floor heating in all rooms

Elevator

Elevator

Garden

Garden

Swimming pool

Swimming pool

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

Similar Property

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3 Bedrooms

110 sq.m.

+ VAT

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110 sq.m.

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3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55124

550 000

3 Bedrooms

2 Bathrooms

IV quarter, 2011

110 sq.m.

530 000

3 Bedrooms

110 sq.m.

+ VAT

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55033

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55033

Features

Location

Sea view

Sea view

Features

Alarm system

Alarm system

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

Swimming pool

Swimming pool

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