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Property Features

Centrally located

Near all amenities

Large living areas and verandas

Photovoltaic energy saving panels

Bedrooms with en-suite bathrooms

Provisions for split units

Video phone entry on ground floor

Ceramic tiles throughout

Double glazed laminated windows and doors

High quality cupboards

Granite work tops

Parking and storage areas

Garden at front entrance

Designer entrance lobby

 Motion sensor lights at parking

New Apartments with View in Larnaca

Location

This prestigious apartment block is located in the Larnaca Marina area and the Larnaca town center. It is only a 5 minute drive to the beach and only a few minutes away from private and public schools and colleges. A 5 minute wall will take you to supermarkets and all amenities and the Larnaca Marina. The location is a 20 minute drive away from Larnaca International Airport and connects easily to the highway which will take you to all major cities in Cyprus. This lovely residential area is quiet and offers tranquility and prestige as there are large luxury houses in the neighborhood.

 

The Apartments

The project has 8 two bedroom, 2 bathroom apartments all with spacious and contemporary living areas. There are 2 apartments per story ensuring optimum privacy. The 4th floor apartments have individual private and luxurious roof gardens with amazing views of this prestigious neighborhood and the Mediterranean Sea. Each apartment has one parking ban and a storage room on the ground floor. All the energy efficient luxury apartments are designed with large living areas and balconies with large bedrooms including en-suite bathrooms. The top floor has a beautiful penthouse which has 2 bedrooms and an extra room on the roof garden with special luxurious features. If available you can purchase two apartments on one floor and have a whole floor apartment built to your specifications.

All the apartments have been designed by a professional team of Architects, Engineers and Interior designers. The apartments feature top quality high pressure laminated synthetic wood, unique glass balconies and a clever layout of living areas.  Quality Italian ceramic finishes on all floors and in the bathrooms and kitchen can be selected by the buyer.

The project will have an energy efficiency of grade "A" since photovoltaic panels will be installed on the roof in order to produce renewable energy. The photovoltaic panels through “net metering” will make sure owners benefit from significant savings in electricity consumption. The project is expected to be completed by the 31 December 2019.

First time buyers who purchase a property for permanent residence or as a holiday home for their own use are entitled to a lower VAT Rate of 5% subject to the approval of the Cyprus VAT office. Otherwise, the standard rate of VAT in Cyprus is 19%.

METHOD OF PAYMENT

40% WITH THE SIGNING OF CONTRACT

10% WITH THE COMPLETION OF EXCAVATION WORKS OF THE SPECIFIC PROJECT

20% WITH THE COMPLETION OF FRAMEWORK OF THE SPECIFIC APARTMENT

10% WITH THE COMPLETION OF BRICKWORK OF THE SPECIFIC APARTMENT

10% WITH THE COMPLETION OF FLOOR TILING OF THE SPECIFIC APARTMENT

Project consists of 8 apartments of which the 6 have been sold. The following apartments are still available:

Apartment 101

2 Bedroom 2 bathroom

Total Area: 140m2

Covered Area: 116m2

Price: €145,000 plus Vat

Apartment 102

2 bedrooms 3 bathrooms

Total Area 140m2

Covered Area: 116m2

Price: €145,000 plus Vat

 

Apartment 401 Penthouse

2 bedrooms 3 bathrooms plus 2 rooms on roof

Total Area184m2

Covered Area: 135m2

Price: €195,000 plus Vat

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