1 bedroom Apartment in Livadia, Larnaka, Cyprus No. 51620

Bedrooms

80 sq.m.

Square

€ 183 000

€ 2 288 / 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%

Parameters

Property Description

The main features of the project:

• Open-plan layout: living room and dining area
• Ensuite master bedroom
• Main bathroom
• Private storage rooms
• Private covered parking spaces
• Private roof garden (for penthouses)
• Decorative false ceilings design
• Kitchen with soft-closing cabinets mechanism
• Concealed A/C unit provision
• Smart home provisions
• Outdoor pool
• Landscaped garden areas
• Children Playground
• Lobby areas
• Nearby: Larnaca Bay, Larnaca’s city center, shopping, dining, entertaining options, blue flagged beaches
• Easy access to highway.

The Project has EPC certificate with "A" Energy Efficiency Rating.