€ 7 000 000

€ 5 556 / 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%

1260m2 Office in Paphos, Cyprus No. 37748

1260 sq.m.

Square

Parameters

Property Description

For sale: Modern off-plan office space in Paphos Town with an internal area of 1,260 square meters. This new development offers a contemporary design suitable for a wide range of businesses. The property is energy efficiency class A, ensuring both environmental responsibility and low operational costs.

Located in the vibrant heart of Paphos Town, you will benefit from an area known for its mix of historical charm and modern convenience. The town features a lively business environment, excellent transport links, and easy access to shopping, dining, and professional services. Being close to the highway provides quick connections to nearby districts, making commuting easy for staff and clients alike.

The office is unfurnished and includes practical features such as a central air conditioning system, underfloor heating, and a modern elevator, ensuring year-round comfort and accessibility for everyone. The project is within walking distance to key amenities, adding convenience to everyday business operations.

Flexible Purchase Options
Choose to acquire half a floor, a full floor (630 m² of office space, plus 26 m² of communal area and a 68 m² covered veranda), or the entire building (a total of 1,890 m² of premium office space; total covered area: 2,172 m²), depending on your business needs or investment goals.

This property is a prime opportunity for companies seeking a prestigious address in a thriving urban location. For more information or to arrange a viewing, please contact Purple International Real Estate.