+ 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. 46599

2

Bedrooms

2

Bathrooms

86 sq.m.

Square

Parameters

Property Description

This premium residential development is located in Livadia, one of the fastest-growing and most sought-after residential areas of Larnaca. The project offers a refined living environment designed for those who value comfort, functionality, and a well-balanced lifestyle.

The development comprises 26 elegant units, including modern one- and two-bedroom apartments as well as spacious three-bedroom penthouses. The penthouses feature private rooftop verandas with built-in barbecue areas, providing ideal spaces for relaxation and entertaining with open views.

Residents benefit from a carefully curated selection of on-site amenities that support everyday convenience and leisure. The project includes a swimming pool, gym, sauna, landscaped gardens, and dedicated changing rooms, creating a complete residential experience within a secure and well-organised setting. Covered parking and private storage rooms are also provided for each unit.

The location combines tranquillity with excellent accessibility. The development is situated approximately five minutes from the beach, ten minutes from the city centre, and fifteen minutes from Larnaca International Airport, making it suitable for permanent residence, holiday use, or long-term investment.

The main features of the project and the units:
• 26 apartments including one-, two-bedroom units and three-bedroom penthouses
• Penthouses with private roof verandas and built-in barbecue areas
• Swimming pool, gym and sauna
• Landscaped gardens and changing rooms
• Covered parking and private storage rooms
• High-end European tiles and parquet flooring
• Luxury sanitary ware and European-quality fittings
• Modern functional kitchens customised by local professional carpenters
• Secure main entrance doors
• Provision for air conditioning
• Provision for high-speed internet connectivity

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

Features

Car park

Car park

Common area with pool

Common area with pool

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