+ 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. 55445

3

Bedrooms

3

Bathrooms

110 sq.m.

Square

Parameters

Property Description

A fantastic opportunity awaits with this forth/fifth-floor apartment for sale in Larnaca City. With a spacious 110 sq.m. layout, this residence offers comfortable living spaces. Featuring three bedrooms and three bathrooms, it caters perfectly to modern lifestyles. The apartment comes with the added convenience of one closed parking space, ensuring secure vehicle accommodation. Notably, it boasts an impressive A energy certificate, reflecting its efficiency and sustainability. Conveniently located near the sea, seaside attractions, the bustling city center, and storage facilities, residents can enjoy easy access to essential amenities and recreational opportunities. Moreover, with a storage area of 4 sq.m. and a covered veranda spanning 14 sq.m. and extra room 20 sq.m., this apartment offers practicality and additional space for relaxation.

Features

City center

City center

First sea line

First sea line

Private parking

Private parking

Garden

Garden

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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110 sq.m.

+ VAT

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3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55445

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55445

Features

Location

City center

City center

First sea line

First sea line

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

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