+ 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%

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 55443

1

Bedrooms

1

Bathrooms

56 sq.m.

Square

Parameters

Property Description

• Modern 1-Bedroom Apartment in Larnaca City Center – Prime Investment!
Discover stylish city living in this under-construction apartment located in the heart of Larnaca! Perfect for personal use or investment, this property combines comfort, efficiency, and an unbeatable location.
• Property Details:
• 1 bedroom
• 1 bathroom
• 1 kitchen
• 1 living room
• 56 sq.m. internal area
• 1 covered parking space
• Located on the 1st floor
• Comfort & Features:
• Underfloor heating
• Air conditioning
• Energy Efficiency Rating A
• Airy & bright design
• Storage room
• Security & Extras:
• Security alarm system
• Fire extinguishing system
• Internet ready
• Excellent Location:
• Close to the sea & seaside
• In the city center
• Beautiful sea & city views
• Under construction – Completion in 2026
• Situated in a quiet neighborhood
• Ideal for first-time buyers, holiday home seekers, or investors looking for high rental potential!
• Get in touch today for more information or to secure this fantastic opportunity!

Features

City center

City center

First sea line

First sea line

Sea view

Sea view

City view

City view

Alarm system

Alarm system

Internet

Internet

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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1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 55443

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 55443

Features

Location

City center

City center

First sea line

First sea line

Sea view

Sea view

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

New project

New project

Indoor facilities

Private parking

Private parking

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