Studio Apartment in Larnaca, Larnaka, Cyprus No. 57112
Studio
Bedrooms
1
Bathrooms
36 sq.m.
Square
€ 155 000
€ 4 306 / sqm
+ VAT
+ 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.
Parameters
Property Description
Just 400 meters from the beach, this new residential development offers a practical blend of coastal living and urban accessibility. Situated in a growing area near the new Larnaca Marina and the American University of Cyprus, the project includes two residential blocks with a total of 34 apartments, ranging from 1 to 3 bedrooms. Several penthouse units feature private roof gardens.
Each apartment is designed to make the most of natural light and space, with layouts that support comfortable, everyday living. All units come with private storage rooms, and the development is located within walking distance of supermarkets, cafés, schools, and pharmacies.
The project’s location next to major new developments and its proximity to key city landmarks make it equally suitable for homeowners and investors seeking long-term potential. Its position near the Radisson Blu area and the marina zone ensures convenient access to the beachfront, city center, and Larnaca International Airport.
The main features of the project and the units:
• 34 apartments
• 1-, 2-, and 3-bedroom units
• Penthouses with roof gardens
• Storage room for each apartment
• 400 meters from the beach
• Located near the American University of Cyprus
• Close to the new Larnaca Marina
• Calm and well-positioned neighborhood
The project has an EPC certificate with “A” energy efficiency rating.
Features
Storage room
Car park
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