+ 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. 30537

2

Bedrooms

2

Bathrooms

75 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

This is two-bedrooms apartment is located on the first floor in a residence in a private complex of three blocks. The project will feature a communal swimming pool, gym, children’s playground and playroom, sauna and gated entrances. The idea behind this project is to focus on creating a complex which will give the residents the feel of a relaxed and carefree way of life. Larnaca is one of the major seaside resorts in Cyprus. The project is in the early stage of construction.
This residence is located in the Livadia area just 400m from the seafront which will see, amongst others, the construction of a seafront promenade to connect the 25km long Larnaca Bay. The project is only a 5-6 minute drive to the Larnaca Port & Marina and the City Centre. The American University of Larnaca has located about 1.2km from this residence and the Nautical Club are only 750m away, where one can enjoy water sports and leisure activities such as paddleboarding, windsurfing and yoga. Finikoudes Beach - 4km.Oroklini Tourist Area - 2km.American University - 1.2km. Larnaca Marina and Port - 2km.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. 30537

2 bedrooms Apartment in Livadia, Larnaka, Cyprus No. 30537

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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