+ 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 Apartment in Larnaca, Larnaka, Cyprus No. 55749

2

Bedrooms

2

Bathrooms

92 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Apartment For sale, floor: 5th, in Larnaca City. The Apartment is 92 sq.m. and it is located on a plot of 450 sq.m.. It consists of: 2 bedrooms (1 Master), 2 bathrooms, 2 wc, 1 kitchens, 1 living rooms and it also has 1 parkings (1 Closed). The property was built in 2024. Its heating is Autonomous, Air conditioning, Solar water system, Boiler, Sound insulation, Thermal insulation are also available, it has Alluminum frames, the energy certificate is: A+ and its floors are Tiles, Granite, Marble. The property’s status is: Off-plan, it is close to Seaside, City Center, it has City views view. The Apartment is Penthouse, Bright, Airy, Luxury and it also has the following unique features and advantages: Window Screens, Storage, Security door, CCTV, Security cameras, Fire extinguishers, Internet, BBQ, Three phase current, Solar panels, Fiber line, Electric shutters. Price: €490,000. Century 21 Cyprus

Features

City center

City center

First sea line

First sea line

City view

City view

Electric shutters

Electric shutters

Internet

Internet

Solar panel for water heating

Solar panel for water heating

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

92 sq.m.

+ VAT

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92 sq.m.

+ VAT

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2 bedrooms Apartment in Agios Tychonas, Limassol, Cyprus No. 54801

470 000

2 Bedrooms

2 Bathrooms

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+ VAT

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2 Bedrooms

92 sq.m.

+ VAT

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55749

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 55749

Features

Location

City center

City center

First sea line

First sea line

City view

City view

Features

Electric shutters

Electric shutters

Internet

Internet

Solar panel for water heating

Solar panel for water heating

Indoor facilities

Private parking

Private parking

Outdoor features

Barbecue area

Barbecue area

Garden

Garden

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