+ 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. 30550

2

Bedrooms

2

Bathrooms

75 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

Residence presents a collection of 52 high-end apartments, offering both one and two-bedroom options, nestled within a secure, tri-block private complex. Residents will enjoy exclusive access to a suite of amenities designed for relaxation and lifestyle enhancement, including a communal swimming pool, state-of-the-art gym, playful children’s area, contemporary playroom, tranquil sauna, and secure gated entries. This project is tailored for those seeking a serene and effortless living environment, crafted to elevate your everyday life. The project is currently under construction, with completion expected by December 2025.
Strategically located just 400 meters from the seafront in the vibrant Livadia region, Residence benefits from its close vicinity to the prestigious American University and the esteemed Larnaca Nautical Club. With its superb specifications, exceptional features, and prime location, Residence stands out as an unparalleled investment opportunity, promising valuable future returns, whether you’re looking for a permanent residence, a vacation retreat, or a lucrative rental proposition.

Features

Veranda

Veranda

Swimming pool

Swimming pool

2 bedrooms Apartment in Livadia, Larnaka, Cyprus No. 30550

2 bedrooms Apartment in Livadia, Larnaka, Cyprus No. 30550

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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