€ 16 300 000

€ 8 615 / 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%

1892m2 Commercial property in Mesa Geitonia, Limassol, Cyprus No. 44154

1892 sq.m.

Square

Parameters

Property Description

This contemporary A class Business Centre is in a very convenient and busy location, in the central business area of Limassol.

Building provides a professional environment with elegant architecture and opulent, well thought out work areas. Every space was carefully designed to accommodate any type of business.

Other specifications:

• 5 storey building
• 2 level underground parking
• Organized entrance and cozy lobby
• Smart layouts.

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