€ 28 000 000

€ 14 213 / 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%

1970m2 Commercial property in Limassol, Cyprus No. 43164

1970 sq.m.

Square

Parameters

Property Description

This outstanding business centre, located in Limassol's coastal commercial hub, comprises of 9 floors of commercial office space, all of which are meticulously designed to reach the level of quality any high calibre business deserves and expects.

The floor to ceiling windows provide astonishing city and sea views, complementing the open plan configuration.

Designed to cater for today's business needs, the building provides open spaces, giving a light and airy working environment, with floor to ceiling windows offering panoramic views across the city as well as views of the beautiful seafront of Limassol, thus providing a stimulation of both creativity and productivity.

The development will also be offering a gym facility, cafeteria area, sauna and a conference room.

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