2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 57047

Bedrooms

Bathrooms

80 sq.m.

Square

€ 195 000

€ 2 438 / 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%

Parameters

Property Description

Ten apartments arranged over three floors in the Vergina area, right by the shopping mall and the everyday amenities that come with it.

The mix covers one-, two- and three-bedroom homes, with interiors from 50 m² up to 106 m² and covered verandas of 10 to 24 m². Every residence includes a private parking space and a storage room, which keeps day-to-day living uncluttered.

The third-floor residences are the highlight of the building: each one comes with a roof garden of about 60 m² — a private outdoor room for dining, sunbathing or an evening view across the neighbourhood. The largest of them pairs a 106 m² three-bedroom interior with a 24 m² veranda and its own roof garden.

The main features of the project and the units:

• one-, two- and three-bedroom apartments with interiors from 50 m² to 106 m²
• roof gardens of about 60 m² for the third-floor residences
• covered verandas of 10 to 24 m²
• a private parking space for every residence
• a storage room for every residence
• a low-density building with only ten apartments
• next to the shopping mall and its everyday amenities

The project has an EPC certificate with "A" energy efficiency rating.

Features

Storage room

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

2 Bedrooms

2 Bathrooms

1 Floor

80 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

1 Floor

80 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT