+ 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. 29329

2

Bedrooms

2

Bathrooms

75 sq.m.

Square

Parameters

Property Description

A Vibrant Property Development in Livadia Area, Larnaca. Its a prestigious property development of 5 buildings located in the highly sought-after Livadia area, just a stone’s throw away from the seafront. With its prime location and exciting nearby developments, a complex offers an exceptional opportunity for residents and businesses alike . Boasts four residential blocks, comprising a total of 60 modern and luxurious apartments. Each apartment has been thoughtfully designed to provide the utmost comfort and style, ensuring a truly elevated living experience. From spacious living areas to sleek finishes, every detail has been meticulously crafted to meet the highest standards.The residents will enjoy a range of exceptional amenities, designed to enhance their lifestyle. Dive into the refreshing swimming pool, relax in the invigorating jacuzzi area, or stay fit and active in the state-of-the-art gym. For those seeking ultimate relaxation, the sauna provides a tranquil retreat. These amenities create a perfect balance of health, wellness, and leisure, catering to the diverse needs of residents.The project is benefits from its strategic location in the heart of a rapidly developing area.The nearby Land of Tomorrow project and the local authorities’ plans to transform the Old Oil & Gas storages area into green spaces, a university, and other facilities, make this an area of significant investment and growth. Residents and business owners will have easy access to a range of amenities, including parks, restaurants, shopping centers, schools, and hospitals. The proximity to the American University further adds to the appeal of this location, making it an ideal choice for students, faculty, and staff. The project is in the early stage of a construction

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

2 bedrooms Apartment in Livadia, Larnaka, Cyprus No. 29329

2 bedrooms Apartment in Livadia, Larnaka, Cyprus No. 29329

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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