€ 1 500 000

€ 11 811 / 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%

127m2 Office in Limassol, Cyprus No. 43747

127 sq.m.

Square

Parameters

Property Description

This new building consisting of shops and offices is situated in the central part of Limassol. The location is very convenient for conducting business as all the necessary amenities are in walking distance from the project: banks, restaurants, cafeterias, various law offices. The sea is just in 500 meters from the development.

This office tower will be offering 5 floors with offices and the underground parking places.

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