1 bedroom Apartment in Livadia, Larnaka, Cyprus No. 54723

Bedrooms

Bathrooms

56 sq.m.

Square

€ 165 000

€ 2 946 / 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

This contemporary two-storey residential development is set in Livadia, one of Larnaca’s most attractive and rapidly developing residential areas. The project comprises just 14 exclusive apartments — four 2-bedroom and three 1-bedroom units on each of the two levels — creating a private and welcoming atmosphere for individuals, couples, families and investors alike.

Each residence is carefully planned with functionality and style in mind, featuring bright open-plan living areas, practical layouts, modern finishes and covered verandas that extend the living space outdoors. Selected apartments on the top floor enjoy private roof gardens of 82 to 151 m², offering generous outdoor living space with elevated panoramic views. Residents also benefit from a communal swimming pool, lounge, gardens and gated access.

The development is built to modern standards: an earthquake-resistant foundation, advanced thermal insulation, aluminium double-glazed windows, an eco-friendly solar system, fiber optics and a video intercom system in each apartment. Every apartment comes with a storage room and an allocated parking space, with provision for electric car charging stations. A convenient stage payment plan is offered, starting with a 10% reservation fee.

The location provides easy access to everyday amenities: a school is 650 m away, the highway — 1.3 km, a supermarket and the sea — 2 km, the hospital — 7.3 km, and Larnaca International Airport — 12.4 km.

The main features of the project and the units:

• 14 exclusive apartments in a gated two-storey development
• 1 and 2 bedroom apartments
• Top-floor apartments with private roof gardens of 82–151 m²
• Communal swimming pool, lounge and gardens
• Storage room and allocated parking space for each apartment
• Provision for electric car charging stations
• Advanced thermal insulation and eco-friendly solar system
• 2 km to the sea

The project has an EPC certificate with "A" energy efficiency rating.