€ 1 600 000

€ 5 714 / 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%

280m2 Office in Strovolos, Nicosia, Cyprus No. 42033

280 sq.m.

Square

Parameters

Property Description

A new modern business building located right at the entrance of Nicosia. The new modern office complex is suitable for professionals who want to locate their business in a specially designed space with all modern amenities.

The building consists of seven levels and four basements. The ground floor has a reception area and an elevator. All offices have a kitchen, toilets and can be divided into separate offices, meeting rooms and reception areas.

The building is equipped with raised floors suitable for structured cabling and special false ceilings with an air conditioning system.

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