€ 3 240 000

€ 3 309 / 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%

979m2 Commercial property in Livadia, Larnaka, Cyprus No. 44974

979 sq.m.

Square

Parameters

Property Description

The residential building consisting of six 2-bedroom apartments positioned on three floors with the top-floor apartments also enjoying roof garden and photovoltaic system benefits.

More details:

• 1200m from the sea
• 1500m/ 5-minute drive from New Marina

• 5-minute drive to the Finikudes seafront and Larnaca town centre

• all amenities within close proximity

• south facing building, bringing natural light into the rooms
• next to the green area
• cul-de-sac project
• allocated parking and storage
• elevator

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

Features

Storage room

Car park

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