3 bedrooms Apartment in Larnaca, Cyprus No. 36867
ID36867
$ 942 682
Property description
Three Bedroom Penthouse Apartment For Sale near Mackenzie Beach, Larnaca - Title Deeds (New Build Process)Only 1 Three bedroom penthouse available !! - 601
The project will compose of fifteen spacious apartments of two bedroom and two bathroom from the 1st and 5th floor of the project. The sixth floor of the project is retire apartment with three bedrooms and three bathrooms with spacious covered and uncovered balconies and roof garden which sole purpose is to secure and maximise the comfortable and private quality of life of its apartment owners. Each apartment will benefit from a parking bay and storage room on the ground floor. The residence is characterised by its immediate access to the blue flag Mackenzie beaches, its panoramic and unobstructed views of the sea and the careful and meticulous design of its fifteen luxury and high-end apartments.
- Master bedroom with ensuite and fitted wardrobes
- 2 Bedrooms with fitted wardrobes
- Open plan living - dining - kitchen area
- Family bathroom
- Shower room on roof level
- Provisions for air conditioning
- Photovoltaic panels
- Unfurnished
- Roof terrace
- Allocated parking
- Allocated storage
- Internal area 118 m2
- Covered balcony 30 m2
- Uncovered balcony 69 m2
- Roof terrace 90 m2
- Communal fees TBC
- Walking distance to local shops and amenities
- 500m to the sea and beach
- 5 Minutes to Larnaca Marina
- 8 Minutes to Larnaca Shopping Mall
- 7 Minutes to Larnaca International Airport
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency A
Larnaca
Larnaca is the home of Cyprus' main International Airport, close to the Salt Lake area, a place where you can watch Swan's and Flamingo's that live in the lake. On its coastal seafront, the cafe's and restaurants are peaceful. On the edge of Larnaca Bay the palm-lined seafront of Larnaca town bustles with cafes, tavernas, shops and bars. Historic charm is lent to the scene by its fortress castle, now used as the town's summer cultural centre. Larnaca is an excellent base from which to get to know the central and eastern section of Cyprus, and its proximity to the International Airport and a number of luxury hotels that have been developed along its beautiful sandy beaches make this a popular holiday choice. Larnaca is the modern gateway to Cyprus, known for such sights as the beautiful St. Lazarus Church and leisurely Palm Tree Promenade.
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* Title Deeds (New Build Process)
* Penthouse with Roof Terrace and Sea Views
* Close to the Sea & Beach
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Under Construction - Completion July 2025
* Energy Efficiency A
Mackenzie Beach
Mackenzie Beach
County: Larnaca
Sale Type: For Sale
Ref #: AFR057N3P
Larnaca - Statistics
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| Parameters | Larnaca |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 1 018.25 |
| Apartment (1 bedroom) Outside of Centre | $ 774.24 |
| Apartment (3 bedrooms) in City Centre | $ 1 659.68 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 293.87 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 144.54 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 207.40 |
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| Parameters | Larnaca |
|---|---|
| Crime Index | 28.40 |
| Cost of Living and Rent Index | 39.44 |
| Purchasing Power Index | 67.03 |
| Property Price to Income Ratio | 9.15 |
| Safety Index | 71.60 |
| Traffic CO₂ Index | 10693.20 |
| Traffic Inefficiency Index | 410.76 |
| Rent Index | 22.36 |
| Health Care Index | 58.82 |
| Groceries Index | 53.87 |
| Pollution Index | 50.34 |
| Traffic Commute Time Index | 41.20 |
| Restaurant Price Index | 52.41 |
| Climate Index | 94.95 |
| Cost of Living Index | 53.83 |
| Quality of Life Index | 149.10 |
| Traffic Index | 209.39 |
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| Parameters | Larnaca |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 16.51 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 52.29 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 8.81 |
| Domestic Beer (0.5 liter draught) | $ 3.30 |
| Imported Beer (0.33 liter bottle) | $ 4.95 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.88 |
| Water (0.33 liter bottle) | $ 0.98 |
| Cappuccino (regular) | $ 3.62 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.72 |
| Loaf of Fresh White Bread (500g) | $ 1.94 |
| Eggs (regular) (12) | $ 3.92 |
| Local Cheese (1kg) | $ 15.73 |
| Water (1.5 liter bottle) | $ 0.84 |
| Bottle of Wine (Mid-Range) | $ 7.69 |
| Domestic Beer (0.5 liter bottle) | $ 1.80 |
| Imported Beer (0.33 liter bottle) | $ 2.97 |
| Cigarettes 20 Pack (Marlboro) | $ 5.50 |
| Apples (1kg) | $ 2.90 |
| Chicken Fillets (1kg) | $ 8.83 |
| Oranges (1kg) | $ 2.23 |
| Potato (1kg) | $ 1.49 |
| Lettuce (1 head) | $ 0.68 |
| Rice (white), (1kg) | $ 3.15 |
| Tomato (1kg) | $ 2.72 |
| Banana (1kg) | $ 1.98 |
| Onion (1kg) | $ 1.53 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.88 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.64 |
| Monthly Pass (Regular Price) | $ 49.54 |
| Gasoline (1 liter) | $ 1.54 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 25 869.01 |
| Taxi Start (Normal Tariff) | $ 7.16 |
| Taxi 1km (Normal Tariff) | $ 2.20 |
| Taxi 1hour Waiting (Normal Tariff) | $ 27.52 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 31 373.05 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 203.84 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 36.02 |
| $ 21.73 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 462.47 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.80 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 69.19 |
| Tennis Court Rent (1 Hour on Weekend) | $ 34.86 |
| Cinema, International Release, 1 Seat | $ 11.01 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 77.06 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 33.02 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 88.06 |
| 1 Pair of Men Leather Business Shoes | $ 104.58 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 440.32 |
| International Primary School, Yearly for 1 Child | $ 11 741.96 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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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.