€ 315 000

€ 3 795 / sqm

+ 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. 56603

Bedrooms

Bathrooms

83 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 2-bedroom penthouse apartment occupies the entire 3rd floor, offering enhanced privacy and an exclusive living experience. Thoughtfully designed to suit modern lifestyles, it features a bright and spacious open-plan living area, comfortable interiors, a generous covered veranda, and high-quality finishes throughout. The apartment also benefits from a private roof garden, creating the perfect space for relaxing, entertaining, and enjoying the Mediterranean climate.

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.