€ 315 000

€ 3 957 / 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 Larnaka, Cyprus No. 58233

Bedrooms

Bathrooms

79.6 sq.m.

Square

Parameters

Property Description

This new modern residential development is ideally located in the popular Metropolis Mall area of Larnaca, offering contemporary living in a highly convenient and well-connected neighbourhood.

The development comprises a three-storey building with just ten thoughtfully designed one and two-bedroom apartments, creating a comfortable residential environment with a greater sense of privacy. This particular penthouse also benefits from a private roof terrace, providing additional outdoor space for relaxing, entertaining and enjoying the Cyprus sunshine.

Each apartment offers spacious and practical interiors designed with modern everyday living in mind, combining quality, comfort and functionality. Residents also benefit from elevator access, covered parking, a private storage room and convenient access to a wide range of nearby amenities.

The location is particularly convenient, with Metropolis Mall, supermarkets, bakeries, pharmacies, shops and other essential services all within walking distance.

The Metropolis Mall area is one of Larnaca’s increasingly popular residential locations, combining a peaceful urban setting with excellent access to the city and surrounding areas. Schools, medical facilities, shops, cafés and restaurants are all close by, while Larnaca city centre and Finikoudes Beach can be reached within a short drive. Mackenzie Beach and Larnaca International Airport are also approximately 10–15 minutes away, with easy access to the main road and motorway network providing convenient connections throughout Larnaca and the rest of Cyprus.