€ 270 000

€ 3 418 / 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%

2 bedrooms Penthouse in Livadia, Larnaka, Cyprus No. 47901

Bedrooms

Bathrooms

79 sq.m.

Square

Parameters

Property Description

This residential project is located in a sought-after area of Larnaca, close to supermarkets, schools, and other essential amenities. The three-story building consists of modern apartments designed for functional living. The first and second floors include two two-bedroom apartments and one three-bedroom apartment each. The third floor offers three two-bedroom apartments, each with a private roof garden. All units come with covered parking spaces and private storage rooms.

The main features of the project and the units:

• Three-story residential building
• Two two-bedroom apartments and one three-bedroom apartment on the first and second floors
• Three two-bedroom apartments on the third floor
• Private roof gardens for third-floor apartments
• Covered parking spaces
• Private storage rooms

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