+ 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. 56602

3

Bedrooms

2

Bathrooms

100.4 sq.m.

Square

Parameters

Property Description

Strategically located near the New Larnaca Marina, this exclusive boutique development comprises just four thoughtfully designed 1, 2 and 3-bedroom apartments, offering the perfect balance of contemporary design, comfort, and practicality.

This spacious 3-bedroom apartment occupies the entire second floor, providing added privacy and an exclusive living experience. The well-designed layout features bright open-plan living and dining area, three comfortable bedrooms, two bathrooms, a guest WC, the master bedroom enjoys its own en-suite walk-in shower room. A generous covered veranda and quality finishes throughout complete this stylish home, offering both comfort and functionality for modern living.

Situated in a prime residential location, the development offers easy access to Blue Flag beaches, shopping, restaurants, cafés, and everyday amenities, making it an excellent choice for permanent living, a holiday home, or a sound investment.

The building features a welcoming entrance lobby, elevator access, private parking and a private storage room for each apartment. Built to Energy Efficiency Class A standards, these homes are designed to provide year-round comfort while helping to reduce energy consumption and running costs.

Features:

• Reception area with marble finishing
• High-quality European ceramic flooring
• Thermal aluminium window frames with double-glazing
• Security entrance doors and an intercom system
• High-standard sanitary ware from top European brands
• High-standard kitchen cabinets and wardrobes
• Penthouses will benefit from a 3KW photovoltaic system

This development enjoys an excellent position close to the New Larnaca Marina and the exciting Land of Tomorrow waterfront regeneration project. The vibrant Larnaca city centre and Finikoudes Beach are just 5 minutes drive away, offering a fantastic selection of cafés, restaurants, shops, and leisure facilities. Mackenzie Beach and Larnaca International Airport can be reached in around 10–15 minutes.

Features

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Ceramic flooring

Ceramic flooring

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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3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 56602

3 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 56602

Features

Features

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Built-in closet

Built-in closet

Ceramic flooring

Ceramic flooring

Modern design

Modern design

Indoor facilities

Lavatories

Lavatories

Veranda

Veranda

Storage room

Storage room

Elevator

Elevator

Covered parking

Covered parking

Outdoor features

Transport accessibility

Transport accessibility

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