€ 335 000

€ 4 085 / 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 Larnaca, Larnaka, Cyprus No. 58282

Bedrooms

Bathrooms

82 sq.m.

Square

Parameters

Property Description

This modern two-bedroom apartment forms part of an exclusive new development comprising just eight high-end luxury apartments, ideally located in the sought-after Faneromeni area of Larnaca.

Designed with contemporary living in mind, the apartment features a spacious open-plan living and dining area extending onto a generous covered veranda, providing an inviting additional space for relaxing or outdoor dining. The property comprises two bedrooms and two bathrooms, including a master bedroom with an en-suite shower.

The development incorporates an impressive selection of high-quality specifications and modern comforts, including:

* Underfloor heating and heated towel rails in the bathrooms
* Italian-brand concealed sanitary ware and shower fittings
* Made-to-measure mosquito nets
* RO water filtration system
* Water softening system
* Aluminium roller shutters in the bedrooms
* Photovoltaic system serving the communal areas
* Digital intercom entry system
* Five-year warranty on exterior rendering
* Three-year warranty on internal technical specifications

With its boutique scale, quality finishes and excellent location, this apartment is an attractive choice for permanent residence or investment in Larnaca.

Faneromeni is one of Larnaca’s established and highly desirable residential areas, particularly appreciated for its proximity to Pattichio Park and the beautiful Larnaca Salt Lake. From this location, residents have convenient access to schools, supermarkets, cafés and everyday amenities, while Larnaca city centre and Finikoudes Beach are only a few minutes away by car. Mackenzie Beach and Larnaca International Airport are also within approximately 10 minutes’ drive, offering an excellent combination of peaceful residential living and easy access to the coast and city centre.