+ 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. 26508

2

Bedrooms

2

Bathrooms

77.6 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

The new penthouse is for sale with 2BD  and 2  WC on the  third floor, with the large roof garden 53.9 m2.A new project in an excellent area of the coastal town of Livadia. It is close to the sea, with easy access to Larnaca centre, in a quiet area that offers all amenities while at the same time giving the neighbourhood feeling to its residents. A block of 6 two-bed apartments, has been contemporarily designed with form, offering functional and stylish living spaces. The southeast orientation provides natural light in living spaces, highlighting the clean lines and detailed finishes within, along with a generous veranda for each apartment.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 net metering and a photovoltaic system. Open plan kitchen,2 Master bedrooms with en-suite,extra shower/wc on the roof garden,77,6 m2 covered living area in each unit,large verandas 19,9 m2, covered allocated parking, allocated storage.Easy access to highway linking all major towns in Cyprus 15 min drive to Larnaca International Airport.The project is in the early stage of construction.

Features

Veranda

Veranda

Car park

Car park

2 bedrooms Penthouse in Livadia, Larnaka, Cyprus No. 26508

2 bedrooms Penthouse in Livadia, Larnaka, Cyprus No. 26508

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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