Larnaca Apartments for Sale: Palm 2, Vergina / New Marina District — Final Two 80 m² Two-Bedrooms in an Anti-Seismic Eight-Unit Building, Q2 2027
Published 30 September 2026 by Kefah Abu Gosh
Published 30 September 2026 by Kefah Abu Gosh
Published 30 September 2026 by Kefah Abu Gosh
TL;DR — Of the Larnaca apartments for sale between the town centre and the New Marina, Palm 2 is the six-of-eight-sold small building: two-bedroom, two-bathroom apartments — 201 (79 m², second floor) and 301 (80.3 m², third floor) remaining, anti-seismic construction, parking and storage, in Vergina, the quarter between Finikoudes and the marina redevelopment. Delivery Q2 2027. Pricing on registration. Project details.
Between the promenade and the marina
Vergina sits inland from the seafront on the Sotiros side of Larnaca — a five-minute drive to Finikoudes, a few minutes to the port and the New Marina district that the Cyprus Ports Authority's €415m roadmap (July 2026) is reshaping, ten to the airport. It is the town's natural expansion zone for buyers who want to be near the centre without paying seafront prices, and it is filling with small new buildings of exactly this type. Small matters: an eight-unit building has low communal costs, no lift-and-pool overhead, and an owner community rather than a management company.
Anti-seismic design is standard in modern Cyprus construction but worth naming; buyers from Germany ask. Buyers comparing Vergina with the seafront and Aradippou can see the full spread of apartments for sale in Larnaca on the city page.
The last two units
- 201 — second floor, 79 m², 2 bed, 2 bath
- 301 — third floor, 80.3 m², 2 bed, 2 bath
- Eight-unit building; six placed; anti-seismic construction
- Covered parking; storage
- Delivery: Q2 2027 · Pricing on registration
Who Palm 2 is for
- Own-use buyers who want the town without the seafront premium. A third-floor two-bed a short drive from the beach and the marina, in a building small enough to know your neighbours.
- Investors in the mid-market two-bed. The 80 m² two-bed near the centre is Larnaca's most rented format; a six-of-eight-sold building confirms the price point.
- Second-home buyers. Airport ten minutes away, low running costs, easy to let in the months you are not there.
How much are the total costs of buying an apartment in Cyprus?
The cost of buying property in Cyprus above the purchase price, on a new-build two-bed: VAT at 19%, or 5% on the first 130 m² if it will be your primary residence for ten years — on an 80 m² unit the whole apartment qualifies; independent legal fees of roughly 1% plus VAT; Land Registry contract-deposit and filing fees of a few hundred euros; no stamp duty since 1 January 2026; no transfer fees on a VAT-paid new build. Annual holding costs: no immovable property tax, small municipal rates, communal charges scaled to an eight-unit building, and since 2026 no Special Defence Contribution on rental income. Against Germany's 10–12% in acquisition costs and Grundsteuer, the arithmetic is drawn out in Limassol vs. Larnaca vs. Berlin.
Where it fits
Same Vergina / marina quarter: One & One Residences (final one-beds), Victoria 23 and Savoy Residence (Q4 2026). On the marina itself: Nile Residence and The Sapphire.
Request a briefing
hello@abuda.com · WhatsApp +49 172 983 1161 · Palm 2 project page.
Frequently asked questions
Q. Where is Palm 2? A. Vergina, Larnaca — between the Finikoudes promenade and the New Marina district, about ten minutes from the airport. Q. What is for sale? A. The final two of eight apartments: 201 (79 m²) and 301 (80.3 m²), each 2 bed / 2 bath, with parking and storage, in an anti-seismic building. Q. When is delivery? A. Q2 2027. Q. What are the total buying costs? A. VAT (19%, or 5% for a qualifying primary residence), ~1% legal, small registry fees; no stamp duty, no transfer fees on new builds. Q. Is pricing published? A. Pricing and the payment schedule are released on registration.