+ 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%

200m2 Office in Agios Nektarios, Limassol, Cyprus No. 26041

1

Bathrooms

200 sq.m.

Square

Parameters

Property Description

Great office space for sale located next to the Pascal English school in a nice central area of Limassol. Office has 360degree views of Limassol and with Sea views south facing. Raised flooring – special order from Italy, ceramic tiles black metallic. VRV system with Fresh Air and electronic control panels by Daikin (extra upgrade). Server room has 2 x split units for back-up safety failure by Daikin. Sensors for fire and temperature control. All points installed for cameras, automation systems, motion sensors. Underfloor basket rails with cat 5e cabling and available fibre cables for high speed internet. Outdoor balcony has all provisions for cabling (electrics and cabling) and can be closed for additional office space. Alarm system by Group4 with yearly maintenance agreement. All lighting are hi spec Italian fittings with LED bulbs and hidden spot lights within drop ceiling. Three- phase Electricity and upgrade 100amp fusses. Main electrical (MBB) cabinet has additional free space/s for easy installation for new technology i.e. automation systems, blinds, audio etc. Maintenance group for the building and common areas by CPS Building Services, property management. 2 X UNDERGROUND PARKING WITH REMOTE CONTROL FOR THE BASEMENT. Location is central Limassol 200m from main roundabout of Agios Fylaxeos direct access towards Nicosia & Pafos highway. Kitchen has been upgraded and designed with a high gloss white finish. M/F toilets fittings are all Italian extra upgrade. All glassing are hi spec double laminated for sound and is energy efficient for cooling. Energy rating; the building is north facing keeping the building cool for the long summer periods.

Features

Internet

Internet

Car park

Car park

200m2 Office in Agios Nektarios, Limassol, Cyprus No. 26041

200m2 Office in Agios Nektarios, Limassol, Cyprus No. 26041

Features

Features

Internet

Internet

Outdoor features

Car park

Car park

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