€ 990 000

€ 5 211 / 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%

5 bedrooms Villa in Livadia, Nicosia, Cyprus No. 51566

Bedrooms

Bathrooms

190 sq.m.

Square

Parameters

Property Description

The villa is located in one of Larnaca’s most up-and-coming and beautiful areas, in the Municipality of Livadia. It is built in a new, upscale neighborhood and has the unique advantage of being right next to a 55-meter public park. This position offers the family incredible peace, privacy, and a sense of freedom, while also providing stunning mountain views. Although the neighborhood is very quiet, the distances to the city center, the beaches, and the highway are very short, making everyday life particularly easy.

This is an impressive, fully detached 5-bedroom villa that blends luxury with comfort. The house is set on a large 676 sq.m. plot and offers vast outdoor spaces for play and relaxation. In the garden, there is an additional detached guesthouse, which can be used for visitors, as maid's quarters, or as a quiet private office, offering great flexibility in how the home is used.

The residence is designed to offer a premium lifestyle, and the price includes:
- Energy & Technology: A fully installed photovoltaic system for significant electricity savings and a modern Smart Home system.
- Outdoor Luxury: A large private swimming pool, an impressive jacuzzi with a fire pot, as well as specially designed areas for a barbecue and a fireplace.
- Comfort & Spaces: A total of 230 sq.m. of interiors with 5 bedrooms and 4 bathrooms, a double covered parking space, and expansive yards.
- Quality: High-specification materials throughout that ensure durability and a modern aesthetic.