+ 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 Penthouse in Larnaca, Larnaka, Cyprus No. 55404

2

Bedrooms

2

Bathrooms

86.5 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Modern Penthouse Apartment for Sale – Larnaca City Center
Discover your future home in the heart of Larnaca! This stunning 3rd-floor penthouse apartment offers modern living, comfort, and convenience—all just moments from the seaside.
• Property Details:
• Internal Area: 86.5 sq.m.
• 2 Spacious Bedrooms
• 2 Modern Bathrooms
• 1 Covered Parking Space
• Under Construction (Delivery: January 2027)
• Key Features & Amenities:
• Air Conditioning
• Underfloor Heating
• Elevator + Internal Elevator
• Storage Room
• Garden & Green Surroundings
• Security Door & Alarm System
• Internet Ready
• Pets Allowed
• Quiet, Peaceful Neighborhood
• Location Highlights:
Prime City Center location
Walking distance to Supermarkets, Cafés & Restaurants
Close to Local Markets
Beautiful City Views
• Energy Efficiency:
Energy Class A – modern, eco-friendly living
• Perfect for homeowners or investors looking for a stylish, high-quality property near the sea in one of Larnaca’s most sought-after areas.
• Don’t miss this opportunity—contact now for more details!

Features

City view

City view

Alarm system

Alarm system

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Elevator

Elevator

Pets allowed

Pets allowed

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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2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 55404

2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 55404

Features

Location

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Elevator

Elevator

Outdoor features

Pets allowed

Pets allowed

Garden

Garden

Supermarket

Supermarket

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