+ 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. 55439

3

Bedrooms

3

Bathrooms

93 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Spacious Modern 3-Bedroom Apartment in Larnaca City Center – Off-Plan Opportunity!
Discover contemporary city living with this off-plan apartment in the heart of Larnaca. Designed for comfort and convenience, this property is perfect for families or investors looking for strong future value!
• Property Highlights:
• 3 bedrooms
• 3 bathrooms
• 93 sq.m. internal area
• 1st floor apartment
• 1 covered parking space
• Comfort & Modern Features:
• Underfloor heating
• Air conditioning
• Energy Efficiency Rating A
• Elevator access
• Storage room
• Security & Extras:
• CCTV system
• Security alarm
• Internet ready
• Internal elevator
• Prime Location:
• Close to schools & university
• Near supermarkets & local market
• Walking distance to cafes & restaurants
• In the city center with city views
• Easy access to seaside & highway
• Located in a quiet neighborhood with a modern design approach
• Off-plan – Completion expected Q4 2027
• A fantastic opportunity to secure a future home or investment in one of Larnaca’s most desirable areas!
• Contact now for more details or to reserve your unit early!

Features

City center

City center

City view

City view

Alarm system

Alarm system

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Off-plan development

Off-plan development

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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IV quarter, 2028

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3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55439

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55439

Features

Location

City center

City center

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Off-plan development

Off-plan development

Indoor facilities

Elevator

Elevator

Outdoor features

School

School

Supermarket

Supermarket

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