€ 531 000

€ 3 426 / 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%

3 bedrooms Villa in Livadia, Larnaka, Cyprus No. 26566

Bedrooms

Bathrooms

155 sq.m.

Square

Parameters

ID

26566
City

Cyprus
Type

Villa
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Bathrooms

4
Square

155 sq.m.
Land area

230 sq.m.
Veranda area

44 sq.m.
To sea

530 m
Completed

No

Property Description

A new project is located in Larnaca's best residential neighborhood with many parks and only 530meters from the seafront. The project is located just 8 minutes drive from the city centre and nearby the large development of the Larnaca Bayfront Development Project which will increase the value of the property in the coming years. The Main International Airport is only 15minutes drive from the project.Plot size: 230sq.m.Interior Areas: 155sq.m.Ground floor veranda: 30sq.m.First floor balcony: 14sq.m.Roof garden area 42sq.m.Storage room roof garden: 14sq.m.Energy efficiency Grade ASolar Panels & Photovoltaic Panels: YesConstruction term 14-15months

Features

Veranda

Car park