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2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m²

2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 1
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 2
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 3
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 4
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 5
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 6
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 7
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 8
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 9
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 10
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 11
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 12
2 bed apartment for sale in Larnaca center, Larnaca, Cyprus, 227 m² - photo 13
Price€185,000
TypeApartment
Covered area227 m²
Beds2
Bath2
Rooms3
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Apartment in Larnaca

This is a 7-floor luxury apartment building with ground floor covered allocated parking and roof garden. The first 6 floors host three, 2-bedroom apartments on each floor and boast high quality construction with Smart home provision and with the latest methods of energy efficiency class A. The sectioned architectural design provides for independent positioning of the apartments on each floor, with hardly any shared walls, offering maximum privacy.The south orientation of the project means that the apartments are light and airy.All flats on this project consist of open plan living and kitchen area, 2 bedrooms (master with en-suite shower), main bathroom, office and covered veranda that in future could be utilized differently.The top floor apartments located on the 6th floor also enjoy individual access to their allocated roof garden on 7th floor with storage, wc and shower room, electrical room and barbeque area, offering views of the surrounding area.Two of the three top floor apartments also benefit from solar panel net metering, offering the prospective buyer and extra financial incentive.This new project is excellently located in Larnaca town centre. A quiet residential area behind the American Academy school, providing easiest and safest access to the school and close to amenities. The famous Finikudes promenade is only 700m away. Larnaca also hosts the main International Airport that is only 8.3 km away.

Extra Сosts when Buying Property

TRANSFER TAX*
up to €85 000 3%
€85 000 - €170 000 5%
over €170 000 8%
*If VAT has been paid no transfer tax
*If no VAT has been paid 50% of the transfer tax rate
STAMP DUTY
If the value of the property is less than € 171,000 0,15%
If the value of the property exceeds € 171,000 0,2%
VAT
standard rate 19%
reduced rate 0-5%

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Interest Rate
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Ongoing Ownership Costs

Municipality Tax, annually 0.02%
Communal Services fees, multi-residential complexes, monthly €40-50
Communal Services fees, private house, monthly €60-200
Sewerage Tax, annually €60-75
Electricity costs, monthly about €50
Water rates, monthly about €50
Telecommunication rates €50-60

Additional Services Costs

Legal support (one time payment) 0.8%-1%

Return on Investment

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Company Representatives
in Cyprus
Limassol, Paphos, Larnaka
+3572-503-00-31
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+44-20-3936-4067
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+7 (495) 240-81-87
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