€ 850 000

€ 4 250 / 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 Bungalow in Livadia, Larnaka, Cyprus No. 53093

Bedrooms

Bathrooms

200 sq.m.

Square

Parameters

Property Description

A unique collection of two contemporary luxury bungalows located in the sought-after area of Livadia, Larnaca, each featuring elegant architecture, impressive high ceilings, and premium-quality finishes throughout.

Each bungalow offers spacious open-plan living and dining areas with a modern kitchen, creating a bright and comfortable living environment. Thoughtfully designed to combine style and functionality, the homes provide a seamless flow between indoor and outdoor spaces.

Externally, each property benefits from a private swimming pool, landscaped gardens, a barbecue area, and covered parking. An optional roof garden is also available, offering additional outdoor space for relaxation, entertaining, and enjoying the Mediterranean sunshine.

Luxury finishes include European tiles, parquet, and premium sanitary ware, adding to the property's contemporary appeal and attention to detail.

The homes are ideally situated within walking distance of schools, shops, cafés, and everyday amenities, while the coastline and local beaches are only a few minutes' drive away, offering both convenience and tranquillity.

Livadia is one of Larnaca’s most popular and rapidly developing residential areas, appreciated for its excellent accessibility and family-friendly atmosphere. Residents enjoy easy access to Larnaca city centre, which is approximately 10 minutes away, while Larnaca International Airport can be reached in around 15 minutes. The area also offers a wide range of amenities, beautiful nearby beaches, and convenient access to the motorway network.

The location is just a few minutes' away from the upcoming Land of Tomorrow and Larnaca Marina development, one of the largest waterfront regeneration projects in Cyprus, further enhancing the area's future growth potential and investment appeal.

This is a rare opportunity to own a custom-designed luxury home in one of Larnaca’s most desirable neighbourhoods, where modern design meets comfortable coastal living.