€ 347 000

€ 4 354 / sqm

+ VAT

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.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

2 bedrooms Apartment in Livadia, Larnaka, Cyprus No. 22851

Bedrooms

Bathrooms

79.7 sq.m.

Square

Parameters

Property Description

Listing is for a Two Bedroom Penthouse Apartment with Roof Terrace.

This new apartment block is part of a modern residential cul-de-sac development and is located in an excellent area of the coastal town of Livadia. It is close to the sea, with easy access to Larnaca center, positioned in a quiet area that offers all amenities while at the same time giving the neighbourhood feeling to its residents.

With the imminent commencement of the New Larnaca Port and Marina, one of the largest investment projects in Cyprus, the region of Livadia has become one of the most sought-after areas for property investment.

A block of 6 two-bed apartments, the Project is a contemporarily designed building, offering functional and stylish living spaces. The south-east orientation provides natural light in living spaces, highlighting the clean lines and detailed finishes within. The independent positioning of the units offers maximum privacy.

Only two apartments on each of the three floors, with the third-floor units enjoying private and individual access to a large roof garden on the 4th floor with its barbeque area, as well as an extra wc-shower and room that can be converted into 3rd bedroom. Furthermore, these top floor units will have the option for net metering and a photovoltaic system.

2 Ensuite bedrooms
Guest wc + extra on RG
cul-de-sac project
Allocated covered parking and Storage
High quality KONE Elevator
1.16km from the sea
1.5km/ 5-minute drive from New Marina
5-minute drive to the Finnikoudes seafront and Larnaca town centre
all amenities within close proximity
1km from the American University of Cyprus
Close to the highway linking all major towns in Cyprus
15 minutes from Larnaca International Airport

A great opportunity in this up-and-coming area of Larnaca that should not be missed!