€ 4 800 000

€ 4 898 / 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%

980m2 Commercial property in Limassol, Cyprus No. 41703

980 sq.m.

Square

Parameters

Property Description

The building is situated in the historic heart of Old Limassol and merges contemporary architecture with traditional aesthetics.

The project welcomes visitors with a spacious and elegant entrance.

The interior continues the theme of refined modernity, complemented by touches of greenery that promote a tranquil atmosphere. The expansive windows ensure ample natural light. The building features multiple entrances to accommodate a range of business operations, with a rooftop garden that provides space for leisure and corporate events.

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