€ 1 191 073

€ 5 903 / 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%

201.78m2 Office in Limassol, Cyprus No. 39231

201.78 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern office offers an excellent investment opportunity in the heart of Limassol Town Centre. With an internal space of 201.78 square meters, this property is ideal for businesses seeking a contemporary workspace in a central and vibrant location.

The office will be part of a newly constructed building, set for completion in 2029. The development will feature modern design elements, ensuring a sleek and professional environment that reflects the energy of the city. The building will include an elevator for ease of access, catering to all clients and staff.

Limassol Town Centre is known for its dynamic atmosphere, lively business district, and easy access to a range of amenities. Restaurants, banks, shops, and public transport options are all within walking distance, making this location both practical and prestigious for any enterprise.

This office is offered unfurnished, giving you the flexibility to design and furnish the space to suit your needs. Don't miss the chance to secure an office in one of the city's most desirable locations. Contact Purple International Real Estate today for more information.