+ 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. 50187

2

Bedrooms

2

Bathrooms

74 sq.m.

Square

Parameters

Property Description

This low-rise residential building consists of ten thoughtfully designed apartments, including eight two-bedroom units and two one-bedroom units. The layout prioritizes comfort and efficient use of space, while the selection of materials ensures long-term functionality and durability.

The development is situated in Livadia, Larnaca, just a short distance from the coastline. Residents benefit from close access to everyday conveniences such as supermarkets, cafés, and schools, all within walking or short driving distance. The location also provides easy connectivity to educational institutions and urban infrastructure, making it suitable for both families and professionals.

Set in a quiet residential environment, the building offers a calm setting while remaining well-connected to essential amenities. Construction focuses on ergonomic interior planning and the application of high-standard finishes across all units.

The main features of the project and the units:

• 10 apartments (8 two-bedroom and 2 one-bedroom)
• Located in Livadia, Larnaca
• 5-minute drive to the beach
• Close to supermarkets, cafés, bakeries, schools, and universities
• Quiet residential setting
• Contemporary layout with ergonomic planning
• High-quality construction materials

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

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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