€ 335 000

€ 4 295 / 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%

2 bedrooms Penthouse in Livadia, Larnaka, Cyprus No. 42042

Bedrooms

78 sq.m.

Square

Parameters

Property Description

The building of 1 and 2 bedroom apartments is located in the prime residential location of Larnaca, close to all amenities, next to a park. The sea is just a kilometer from the project.

All apartments will have covered verandas, the second floor apartments will also have their private roof gardens.

Each apartment will be allocated a storage room as well as the parking space.

The Project has EPC certificate with "A" Energy Efficiency Rating.