+ 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%

5 bedrooms Bungalow in Livadia, Larnaka, Cyprus No. 46920

5

Bedrooms

4

Bathrooms

200 sq.m.

Square

Parameters

Property Description

This exclusive collection includes two contemporary luxury homes designed with elegant architecture, high ceilings, and premium finishes. Each residence offers generous open-plan living and dining areas with a modern kitchen, creating a refined and functional environment for everyday comfort. The properties are enhanced by private swimming pools, landscaped gardens, a barbecue area, and covered parking.

The convenient location places the homes within walking distance of schools, shops, cafés, and the coastline, providing a harmonious blend of accessibility and tranquility. With carefully designed interiors and thoughtfully arranged outdoor spaces, these bungalows present a rare opportunity to enjoy luxury living in one of Larnaca’s most sought-after neighbourhoods.

The main features of the project and the units:
• Plot size 590 sqm
• Covered areas 200 sqm
• 5 bedrooms
• 4 bathrooms
• Private swimming pool
• Open-plan living and dining areas
• Modern kitchen
• Landscaped gardens
• Barbecue area
• Luxury finishes
• Covered parking
• High-speed internet provision
• Air conditioning provision
• Walking distance to schools, shops, cafés, and the coastline
• Optional roof garden

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

Features

Private pool

Private pool

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Features

Features

Private pool

Private pool

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