€ 848 000

€ 6 424 / 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%

132m2 Office in Nicosia, Cyprus No. 28153

132 sq.m.

Square

Parameters

Property Description

Masterful design and state-of-the art construction characterise Prime Tower, Nicosia’s newest commercial hub. This one-of-a-kind commercial building boasts 8 floors and 16 office spaces, sheathed in high-performance materials andprovisions for a productive and efficient work environment. The building comes complete with high-ceiling offices and advanced technology, whether the buyer opts for shell & core or fully finished units, making the best use of sprawlingcommon spaces and stunning individual offices. An address to be envied, Prime Tower redefines excellence at the workplace through intelligent design, right at the heart of the capital.

Features

Veranda

Car park

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

€ 719

Apartment (1 bedroom) Outside of Centre

€ 622

Apartment (3 bedrooms) in City Centre

€ 1 526

Apartment (3 bedrooms) Outside of Centre

€ 1 189

Buy Apartment Price

Price per square metre in the city centre

€ 2 763

Price per square metre outside the city centre

€ 2 042