2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 57697

Bedrooms

78 sq.m.

Square

€ 230 000

€ 2 949 / 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

This development is located in the central residential area of Larnaka. It is surrounded by shops, amenities, banks, restaurants; all of them within walking distance. All the entertainment attractions are just 5 minutes drive away from the project.

The project will consist of 1, 2 and 3 bedroom apartments and penthouses, with spacious verandas. There will also be a swimming pool exclusively for the owners.

Penthouse owners will enjoy the breeze and sunlight from their private roof garden.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Car park

Common area with pool

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

78 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

78 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

78 sq.m.

+ VAT

2 Bedrooms

78 sq.m.

+ VAT