+ 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%

547m2 Commercial property in Paphos, Cyprus No. 26257

547 sq.m.

Square

I quarter, 2026

Completion date

Parameters

Property Description

For sale modern commercial building in Paphos consisting of ground, mezzanine, 3 floors and roof garden. The property has a built area of which 115sqm corresponds to the ground floor, 54sqm useful to the mezzanine, 1st floor 99sqm, 2nd floor 86sqm, 93sqm allocated to the 3rd floor. The feeling of space, openness and light follows you all around this building due to its unique curved architecture. This feature highlights the inviting outdoor verandas that enjoy cityscape views on every floor. Buildimg is located at the entrance of Paphos, just off the highway, in a busy area with commercial visibility and easy accessibility. It is also within very close proximity to educational institutes such as colleges and schools as well as banks, shops, coffee shops and food outlets making it an ideal property investment with high ROI.

Features

Veranda

Veranda

Storage room

Storage room

Statistics

€ 3 890

Price per sq.m.

179

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

547m2 Commercial property in Paphos, Cyprus No. 26257

547m2 Commercial property in Paphos, Cyprus No. 26257

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more