€ 347 000

€ 4 338 / 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. 44149

Bedrooms

80 sq.m.

Square

Parameters

Property Description

The block of apartments is located in an excellent area of the coastal town of Livadia. It is close to the sea, with easy access to Larnaca center and all the amenities.

The project offers functional and stylish living spaces. Only two apartments on each of the three floors, with the third floor apartments enjoying private and individual access to a large roof garden on the 4th floor with its barbeque area, as well as an extra WC-shower and extra room that can be converted into 3rd bedroom. Also, these top floor apartments will have the option for net metering and a photovoltaic system.

Free of mortgage. Title deeds guaranteed.

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