+ 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. 55602

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

Parameters

Property Description

Discover modern living in this stylish 1-bedroom apartment for sale on the 1st floor, located in the vibrant area of Kamares, Larnaca City. Spanning 50 sq.m., this under-construction property is perfect for those seeking comfort and convenience. The apartment offers a well-designed layout with one spacious bedroom, a contemporary bathroom, and is equipped with air conditioning for year-round comfort. Boasting an Energy Certificate rating of A, the apartment ensures energy efficiency and low utility costs. It also features smart home technology for enhanced living. Situated close to parks, the seaside, and all essential amenities including supermarkets, this location combines tranquility with easy access to everything you need. Whether you’re looking for a personal residence or a smart investment opportunity, this apartment offers a perfect blend of modern design, strategic location, and future-forward features. Don’t miss the chance to own a piece of Larnaca’s thriving real estate market.

Features

First sea line

First sea line

Smart Home system

Smart Home system

Off-plan development

Off-plan development

Park

Park

Supermarket

Supermarket

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. 55602

1 bedroom Apartment in Larnaca, Larnaka, Cyprus No. 55602

Features

Location

First sea line

First sea line

Features

Smart Home system

Smart Home system

Off-plan development

Off-plan development

Outdoor features

Park

Park

Supermarket

Supermarket

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