+ 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 Penthouse in Larnaca, Larnaka, Cyprus No. 57200

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Step into a brand-new 2-bedroom penthouse located on the 3rd floor of a modern building in the desirable Kamares area. Designed to combine comfort, style, and practicality, this elegant apartment is ideal for those seeking a high-quality lifestyle in a peaceful yet well-connected location.
The penthouse features two spacious and bright bedrooms, thoughtfully designed to provide privacy and relaxation. The open-plan living and dining area flows seamlessly into a contemporary kitchen, fully equipped with modern electrical appliances, making everyday living effortless. Air-conditioning units in all areas ensure year-round comfort, while large windows invite abundant natural light and create an airy, welcoming atmosphere.
Adding to its appeal, the property includes a covered parking space and a private storage room, offering both convenience and extra functionality. Being brand new, the apartment boasts fresh finishes and a modern aesthetic, allowing you to enjoy a home that feels truly untouched and exclusive.
Perfectly positioned in Kamares, you are just minutes away from shops, schools, services, and easy access to the city center and main road networks—making it an excellent choice for professionals, couples, or small families.
This penthouse is more than a rental—it’s a lifestyle upgrade.
Contact us today to arrange a viewing and be the first to call this stunning new apartment your home.

Features

Close to shopping malls

Close to shopping malls

City view

City view

Good quality

Good quality

New development project

New development project

Private parking

Private parking

School

School

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 Penthouse in Larnaca, Larnaka, Cyprus No. 57200

2 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 57200

Features

Location

Close to shopping malls

Close to shopping malls

City view

City view

Features

Good quality

Good quality

New development project

New development project

Indoor facilities

Private parking

Private parking

Outdoor features

School

School

Garden

Garden

Park

Park

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