+ 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, Nicosia, Cyprus No. 51568

1

Bedrooms

2

Bathrooms

50.6 sq.m.

Square

Parameters

Property Description

The project is nestled in the heart of one of Larnaca’s most promising residential areas, in the Municipality of Livadia. The location is highly privileged, offering the perfect balance between neighborhood tranquility and being just a breath away from major developmental projects, such as the upcoming "Land of Tomorrow." Residents enjoy easy access to the beach, Larnaca’s city center, and the American Academy of Cyprus, all within a 5-minute drive. Furthermore, its strategic position allows for travel to Larnaca International Airport in less than 15 minutes, making it ideal for a modern lifestyle.

This is a contemporary and uniquely designed boutique residential building consisting of only 6 premium units. Its design emphasizes elegance, comfort, and the privacy of its residents. The building incorporates modern architectural lines and high-quality construction materials, offering a new standard of living in an area with ever-increasing demand and value.

The available units include one and two-bedroom apartments, as well as impressive penthouses. The price of each apartment includes:
- Technology & Energy: An installed photovoltaic system for maximum energy efficiency and cost savings.
- Outdoor Spaces: Private balconies for all units and exclusive Roof Gardens with a BBQ area and urban views for the penthouses.
- Infrastructure: A private storage room and a covered parking space for each apartment.
- Interior Layout: Functional spaces including a dedicated laundry room and high-specification finishes.
- Quality of Life: A design that ensures comfort and serenity within an exclusive residential environment.
Floor: 2nd

Features

Sea nearby

Sea nearby

Near restaurants

Near restaurants

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Good quality

Good quality

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1 bedroom Apartment in Livadia, Nicosia, Cyprus No. 51568

1 bedroom Apartment in Livadia, Nicosia, Cyprus No. 51568

Features

Location

Sea nearby

Sea nearby

Near restaurants

Near restaurants

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Good quality

Good quality

Outdoor features

Transport accessibility

Transport accessibility

Supermarket

Supermarket

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