€ 230 000

€ 4 510 / 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%

1 bedroom Apartment in Livadia, Larnaka, Cyprus No. 44160

Bedrooms

51 sq.m.

Square

Parameters

Property Description

The development will boast the apartments of 1 and 2 bedrooms. Penthouse apartment will have a roof terrace. The project will be located close to the New Marina and next to the American University of Cyprus.

The project is ideal for rent as it will be in the convenient distance to all the local amenities.

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