1 bedroom Apartment in Livadia, Larnaka, Cyprus No. 57737

Bedrooms

Bathrooms

54 sq.m.

Square

€ 170 000

€ 3 148 / 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

A contemporary residential development located in the sought-after area of Livadia, Larnaca, just a short distance from the new marina. Designed with a modern architectural style, the project offers a refined living environment with carefully planned communal amenities suitable for both comfortable everyday living and investment purposes.

Residents can enjoy access to a swimming pool, a fully equipped gym, and a children’s playground, creating a well-balanced lifestyle within a growing residential district close to key urban infrastructure and the coastline. The project includes a collection of thoughtfully designed apartments with functional layouts and contemporary finishes.

The main features of the project and the units:

• Swimming pool
• Fully equipped gym
• Children’s playground
• 39 apartments
• 1-bedroom apartments
• 2-bedroom apartments
• Located near the new Larnaca Marina

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