3 bedrooms Apartment in Nicosia, Cyprus No. 45636
ID45636
$ 903 465
Property description
Reference ID: #SA33535Price details: €850,000 +VATBeautiful spacious 3 bedroom penthouse apartment with roof garden on the third floor of a three storey building in the heart of Larnaca.The apartment building consists of only 6 apartments and is located in Vasileos Georgiou II Road at Faneromeni Neighbourhood near the American Academy offering captivating views of the municipal Park, Library and Theatre as well as the Larnaca Downtown. It is 1.1km away from Phinicoudes beach.Internal area - 141sqmBalconies (covered)- 47sqmBalconies (uncovered) -57sqmTotal area - 245sqmExpected delivery - April 2024.Reference number: SA33535
Property area: 188 m2
Type: Apartment
Floor: 3rd
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Storage room, Balcony
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €4.521 /m2
Bathrooms: 3:
Nicosia - Statistics
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| Parameters | Nicosia |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 707.36 |
| Apartment (1 bedroom) Outside of Centre | $ 588.46 |
| Apartment (3 bedrooms) in City Centre | $ 1 391.95 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 128.03 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 2 572.23 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 1 773.25 |
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| Parameters | Nicosia |
|---|---|
| Crime Index | 30.74 |
| Cost of Living and Rent Index | 35.52 |
| Purchasing Power Index | 84.45 |
| Property Price to Income Ratio | 6.86 |
| Safety Index | 69.26 |
| Traffic CO₂ Index | 4596.94 |
| Traffic Inefficiency Index | 117.15 |
| Rent Index | 18.37 |
| Health Care Index | 56.55 |
| Groceries Index | 49.32 |
| Pollution Index | 59.30 |
| Traffic Commute Time Index | 24.38 |
| Restaurant Price Index | 48.62 |
| Climate Index | 86.01 |
| Cost of Living Index | 49.31 |
| Quality of Life Index | 156.19 |
| Traffic Index | 107.94 |
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| Parameters | Nicosia |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 12.33 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 64.31 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 7.50 |
| Domestic Beer (0.5 liter draught) | $ 4.29 |
| Imported Beer (0.33 liter bottle) | $ 5.36 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.47 |
| Water (0.33 liter bottle) | $ 0.73 |
| Cappuccino (regular) | $ 3.48 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.95 |
| Loaf of Fresh White Bread (500g) | $ 1.85 |
| Eggs (regular) (12) | $ 3.68 |
| Local Cheese (1kg) | $ 13.07 |
| Water (1.5 liter bottle) | $ 0.86 |
| Bottle of Wine (Mid-Range) | $ 8.57 |
| Domestic Beer (0.5 liter bottle) | $ 1.64 |
| Imported Beer (0.33 liter bottle) | $ 2.98 |
| Cigarettes 20 Pack (Marlboro) | $ 5.36 |
| Apples (1kg) | $ 2.65 |
| Chicken Fillets (1kg) | $ 8.75 |
| Oranges (1kg) | $ 1.80 |
| Potato (1kg) | $ 1.20 |
| Lettuce (1 head) | $ 0.52 |
| Rice (white), (1kg) | $ 2.42 |
| Tomato (1kg) | $ 2.58 |
| Banana (1kg) | $ 1.95 |
| Onion (1kg) | $ 1.32 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 12.48 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.57 |
| Monthly Pass (Regular Price) | $ 53.59 |
| Gasoline (1 liter) | $ 1.49 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 28 348.13 |
| Taxi Start (Normal Tariff) | $ 3.75 |
| Taxi 1km (Normal Tariff) | $ 1.34 |
| Taxi 1hour Waiting (Normal Tariff) | $ 53.59 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 29 312.72 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 200.74 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 29.63 |
| $ 22.90 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 1 584.14 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.93 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 65.50 |
| Tennis Court Rent (1 Hour on Weekend) | $ 24.11 |
| Cinema, International Release, 1 Seat | $ 10.72 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 81.72 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 35.90 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 79.71 |
| 1 Pair of Men Leather Business Shoes | $ 101.82 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 423.35 |
| International Primary School, Yearly for 1 Child | $ 7 161.35 |
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.