€ 23 000 000

€ 8 759 / 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%

2626m2 Commercial property in Limassol, Cyprus No. 43736

2626 sq.m.

Square

Parameters

Property Description

The spacious commercial building with offices will be located in a convenient location of Germasogeia area in Limassol.

Technical specifications:

• Natural stone floor in common areas of high quality
• High end ceramic tiles and sanitary ware in WCs
• Air conditioning system combined with ventilation system with air-to-air heat exchanger
• Uninterruptible power supply
• Raised floor in all areas for full flexibility
• Suspended ceilings
• Fiber optic cable connection for internet
• High-speed elevators
• Panoramic glazing of high energy performance
• CCTV for common areas
• Access control systems in all entrances to the building
• Burglar and fire alarm
• UPS for common areas
• Fire fighting systems
• Façade lighting design
• 118 Parking Spaces.

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