+ 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 Penthouse in Livadia, Larnaka, Cyprus No. 26375

2

Bedrooms

3

Bathrooms

97 sq.m.

Square

III quarter, 2023

Completion date

Parameters

Property Description

This is a high-end residential project located only 700 meters from the beach & a few meters from the New Marina of Larnaca and the new American Academy. The building is situated nearby the supermarkets middle, Stelios and others. Proximity to Larnaca City Center . The building has an energy efficiency category: A  and is located in the region Livadia, which has recently developed a lot. In the northeast, it borders Oroklini, Kellia to the north, the Municipality of Aradippou to the west and to the southeast it is bordered by the sea. The road network linking the Municipality with the rest of Cyprus can be described as excellent since Livadia is very close to the major motorways Rizoelia - Paralimni and Nicosia - Larnaka..

Features

Veranda

Veranda

Car park

Car park

2 bedrooms Penthouse in Livadia, Larnaka, Cyprus No. 26375

2 bedrooms Penthouse in Livadia, Larnaka, Cyprus No. 26375

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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