+ 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%

3 bedrooms Villa in Livadia, Larnaka, Cyprus No. 26507

3

Bedrooms

3

Bathrooms

172 sq.m.

Square

Parameters

Property Description

Villa is Located in Livadia only a short distance from the sea (1200m), 5 minute drive to the Finikudes seafront and Larnaca town centre, easy access to the highway linking all major towns in Cyprus and only 15 minutes to Larnaca international Airport.Villa has  covered parking 19 sq.m. and a storage 3 sq.m.The coastal region of Livadia has a quieter environment compared to the city whilst still offering all city amenities and facilities. With the removal of the oil refineries, the area is one of the best investment options in Larnaca, making any property purchase an excellent financial move. The project consists of 2storey linked-detached houses with open plan kitchen/living area and guest wc on the ground floor and 3 ensuite bedrooms (master with dressing room) and laundry area hosted on the first floor. Externally there is covered parking and garden that could accommodate a swimming pool (optional). As with all our projects, high quality construction standards is applied, free of mortgage thus Title deeds are guaranteed.The project is in the early stage of a construction.

Features

Car park

Car park

Swimming pool

Swimming pool

3 bedrooms Villa in Livadia, Larnaka, Cyprus No. 26507

3 bedrooms Villa in Livadia, Larnaka, Cyprus No. 26507

Features

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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