€ 6 000 000

€ 4 167 / 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%

1440m2 Building in Limassol, Cyprus No. 26302

1440 sq.m.

Square

Parameters

Property Description

Luxury office building made of 5 floors located right in the heart of Limassol's city center, close to the Makariou roundabout and all administrative institutions such as Limassol District Court, just 600m form the beach, numerous cafes and restaurants are all a short distance away and Limassol Marina is around 3km away. This commercial building features luxury entrance with reception areas, kitchen and 2 W.C facilities on each floor. Building also features spacious roof garden. Covered parking spots provided:8 Total area of the building1440m² covered areas as described: -1030m² office 780m² current office space 100m² office space in mechanical floor 90m² office space in verandas area 30m² reception area -180m² roof garden -130m² pilotis -90m² mechanical use

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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