€ 285 000

€ 3 167 / 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 Apartment in Larnaca, Larnaka, Cyprus No. 55096

Bedrooms

Bathrooms

90 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Located in Sotiros, Larnaca
Off-plan apartment — ideal for modern customization and investment potential
4th floor position in a contemporary residential building
2 bedrooms
2 bathrooms
Covered parking space
Private storage room
Elevator access
Air-conditioning provisions available
Close to public transportation, amenities, and the sea
Suitable for owner-occupiers, holiday-home buyers, and investors
Note: Due to 2027

Features

Off-plan development

Elevator

Garden

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

2 Bedrooms

2 Bathrooms

90 sq.m.

+ VAT

2 Bedrooms

90 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

90 sq.m.

+ VAT

2 Bedrooms

90 sq.m.

+ VAT