€ 3 728 610

€ 9 252 / 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%

403m2 Office in Limassol, Cyprus No. 42877

403 sq.m.

Square

Parameters

Property Description

This iconic 8 floor business building is conveniently located in one of Limassol’s most sought-after business areas, adjacent to Gladstonos Street near the Pentadromos junction. It features 14 modern offices, 2 retail shops and ample parking spaces.
The development serves as a dynamic, up-and-coming business infrastructure, making it an ideal choice for investors or businesses looking to establish their offices and enjoy ease and functionality at a premium location.

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