€ 295 000

€ 3 734 / 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%

2 bedrooms Apartment in Livadia, Larnaka, Cyprus No. 58545

Bedrooms

Bathrooms

79 sq.m.

Square

Parameters

Property Description

This new luxury residential development is ideally located in the heart of Livadia, combining contemporary architecture, high-quality finishes and an excellent location just a few minutes from the coastline and everyday amenities.

The project comprises just 10 exclusive one and two-bedroom apartments, creating a modern and private residential environment. Each residence has been thoughtfully designed to maximise natural light and outdoor living, featuring impressive panoramic glass elements, spacious private terraces and carefully selected luxury finishes throughout.

This particular penthouse consists of two spacious bedrooms, including a master bedroom with a private en-suite shower. One of its standout features is the impressive 53 m² veranda, providing generous outdoor space for relaxing, dining and entertaining, and ideal for enjoying the Cyprus outdoor lifestyle throughout much of the year.

Residents will also enjoy access to a stunning communal rooftop infinity swimming pool, providing an attractive space to relax, unwind and enjoy open views of the surrounding area. Each apartment benefits from its own private covered parking space and dedicated storage room, adding further practicality and convenience.

Livadia is one of Larnaca’s most promising and rapidly developing residential areas, benefiting from its proximity to the coastline and the major 'Land of Tomorrow' development, which is set to create an exciting new coastal destination with residential, commercial, recreational and green spaces. The location provides easy access to Larnaca city centre and the highway network, while the seafront promenade and beaches are only a few minutes drive away. Supermarkets, schools, shops, cafés, restaurants and other everyday amenities are also conveniently nearby, making the area an attractive choice for both permanent residence and property investment.