+ 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 rooms Building in Limassol, Cyprus No. 26157

5

Bedrooms

1064 sq.m.

Square

Parameters

Property Description

Excellent Investment Opportunity. Office building for sale! Busines Centre is a Five level Building located in the heart of Limassol in a short walk to Limassol’s business and shopping district, the seafront and the new marina. Consisting 6 spacious contemporary offices with outdoor verandas, green areas,common cafe-lounge area on the 5th floor and a gym on the 6th floor. Striking modern styling, excellent configuration, and top-class build quality makes the tower visually attractive, offering comfort and cosy atmosphere to work. A stylish, contemporary lobby housing two elevators for access to all floors. In the centre of the building is an internal garden with suspended bridge feature, and a communal relaxation lounge ideal for socialising. The entire business centre is secured by remote controlled gates and all the offices have provisions for video entry-phone and alarm systems

Features

Veranda

Veranda

Car park

Car park

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

5 rooms Building in Limassol, Cyprus No. 26157

5 rooms Building in Limassol, Cyprus No. 26157

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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