€ 360 000

€ 3 103 / 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%

3 bedrooms Apartment in Larnaka, Cyprus No. 58235

Bedrooms

Bathrooms

116 sq.m.

Square

Parameters

Property Description

A contemporary three-storey residential development comprising just eight modern apartments, designed with clean architectural lines, quality materials and high-standard finishes throughout.

Ideally located in the heart of the Metropolis Mall area of Larnaca, the project offers a convenient setting for comfortable modern living.

Each apartment features spacious and well-planned interiors, thoughtfully designed to combine practicality, comfort and functionality. Residents also benefit from lift access, private covered parking and a dedicated storage room.

This particular apartment is further enhanced by a private 66 m² private roof garden, creating an inviting open-air setting for outdoor dining, leisure and making the most of Cyprus’ year-round Mediterranean climate.

The development is within walking distance of Metropolis Mall, supermarkets, bakeries, pharmacies, shops and a wide range of everyday amenities, making the location particularly convenient for both permanent residence and investment.

The Metropolis Mall area has become an increasingly popular residential location in Larnaca, offering a pleasant urban environment with excellent connections to the city and surrounding areas. Schools, medical facilities, cafés, restaurants and other services are all nearby, while Larnaca city centre and Finikoudes Beach are only a short drive away. Mackenzie Beach and Larnaca International Airport can be reached in approximately 10–15 minutes, with easy access to the main road and motorway network providing convenient connections across Larnaca and the rest of Cyprus.