+ 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%

1302m2 Commercial property in Mesa Geitonia, Limassol, Cyprus No. 42968

1302 sq.m.

Square

Parameters

Property Description

Perfect for use as corporate headquarters or an investment, the project comprises of four floors of adaptable and highly versatile fully glazed office spaces, plus secure basement parking and a rooftop where various amenities can be integrated.

Designed as a complete functioning office building concept, it contains all of the technology that today’s businesses demand. With sustainability and efficiency at the forefront  of concept design, inside and out, every possible energy saving innovation has been integrated – ensuring a low cost operation. The entire structure has been created to attract top grade, highly skilled employees, to consider staff comfort and welfare amenities that are built in.

The 4th floor offices are designed as open plan but can be partitioned to suit individual corporate needs. Each floor is self contained, with provisions for server rooms, floating floors and suspended ceilings to ensure that the most efficient technology infrastructure can be installed. Restrooms, kitchenettes and an open veranda are conveniently located near the lift lobby and stairwell. All floors, including the rooftop and basement are served by high-speed lifts.

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

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