+ 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. 46583

2

Bedrooms

76 sq.m.

Square

Parameters

Property Description

This premium residential development is located in Livadia, one of the most dynamic and desirable residential areas of Larnaca. The project is designed to support modern coastal living in a well-established neighbourhood.

The development consists of 14 residences, including contemporary one- and two-bedroom apartments as well as spacious three-bedroom penthouses. The penthouses feature private rooftop verandas with built-in barbecue areas, offering comfortable outdoor spaces suitable for leisure and entertaining, with views towards the city and the sea.

The apartments are designed with open layouts that enhance natural light and functionality. Interior spaces combine practical planning with quality finishes to ensure everyday comfort. Residents also benefit from shared outdoor areas, including landscaped gardens and a swimming pool, contributing to a balanced residential environment.

The main features of the project and the units:
• Total of 14 apartments
• One- and two-bedroom apartments
• Three-bedroom penthouses
• Penthouses with private roof gardens and built-in barbecue
• Swimming pool
• Landscaped gardens
• Open-plan kitchen design
• Premium European tiles and parquet flooring
• Luxury sanitary ware and European-quality fittings
• Secure main entrance doors
• Private covered parking
• Private storage rooms
• Provision for air conditioning
• Provision for high-speed internet connectivity

The project has an EPC certificate with “A” energy efficiency rating.

Features

Storage room

Storage room

Car park

Car park

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Features

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Outdoor features

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