€ 895 000

€ 5 056 / 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%

177m2 Office in Apostolos Andreas, Limassol, Cyprus No. 41494

177 sq.m.

Square

Parameters

Property Description

This commercial development with a basement is perfectly positioned in the vibrant core of Limassol, just steps away from the Limassol Marina and the city’s main business avenues.

The Business Center offers unmatched proximity to essential services, financial institutions and amenities.

The building spans five floors and a fully equipped basement.

It offers an unrivaled opportunity to establish a commanding presence in the beating heart of Cyprus’s business capital.

The Project has EPC certificate with "A" Energy Efficiency Rating.