3 bedrooms Apartment in Larnaca, Cyprus No. 42212
ID42212
$ 611 820
Property description
Three Bedroom Penthouse Apartment For Sale in Faneromeni, Larnaca - Title Deeds (New Build Process)Only 1 Three bedroom penthouse apartment available !! - 101
These apartments are in Faneromeni, one of the most elite and prestigious areas in Larnaca! The project will be composed of four 2 & 3-bedroom apartments including 2 penthouse apartments with a large roof terrace. Located at just few minutes from the famous Finikoudes beach and being close to public amenities, restaurants and malls, the project will offer its residents the best living experience!
- Master bedroom with ensuite and fitted wardrobes
- 2 Bedrooms with fitted wardrobes
- Open plan living - dining and kitchen area
- Family bathroom
- Guest W/C
- Unfurnished
- Provisions for air conditioning
- Roof terrace
- Covered parking
- Internal 105 m2
- Covered veranda 19 m2
- Uncovered roof terrace 38 m2
- Covered roof W/C and storage 12 m2
- Covered parking 11 m2
- Communal fees TBC
- Close to local shops and amenities
- 5 Minutes Larnaca Town Centre
- 5 Minutes to Finikoudes Beach
- 8 Minutes to Larnaca Marina
- 11 Minutes to Larnaca International Airport
- Suitable for Cyprus Permanent Residency - Fast Track
- Subject to VAT
- Energy Efficiency TBC
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 cafes 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
* 5 Minutes Drive to the Beach
* Suitable for Cyprus Permanent Residency - Fast Track
* Subject to VAT
* Under Construction - Completion TBC
* Energy Efficiency TBC
Faneromeni
Faneromeni
County: Larnaca
Sale Type: For Sale
Ref #: PLU066N3P/101
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.