€ 185 000

€ 3 700 / 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%

1 bedroom Apartment in Livadia, Larnaka, Cyprus No. 49201

Bedrooms

50 sq.m.

Square

Parameters

Property Description

This residential project combines essential lifestyle amenities with a location that offers promising long-term investment potential. The development includes a communal pool area equipped with restrooms, changing rooms, and showers, creating a practical space for residents to relax. A dedicated gym and sauna area provide options for wellness and daily routines, while a landscaped garden offers a safe and engaging environment for children.

The area surrounding the project is undergoing rapid transformation, contributing to high rental potential and anticipated capital growth. As infrastructure develops and new urban projects take shape, the location is expected to attract increasing interest from both residents and investors. One notable development nearby is the "Land of Tomorrow" initiative, just 800 meters away. This major regeneration project aims to turn a former industrial coastal zone into a sustainable and modern urban district. Its future impact on the surrounding area is likely to drive demand for residential and commercial properties alike.

With infrastructure improvements already underway—including enhanced roads, public transport, and amenities—this project positions itself as a forward-looking choice in a neighborhood poised for growth.

The main features of the project and the units:

• Common pool with WC, changing rooms, and shower
• Gym area
• Sauna area
• Landscaped garden for children
• Located in a rapidly developing area
• High rental potential
• Capital appreciation expected due to area development
• Proximity to the upcoming "Land of Tomorrow" project (800 m)
• Nearby infrastructure upgrades (roads, public transport, amenities)
• Investment potential linked to tourism and business growth

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