€ 18 200 000

€ 7 087 / 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%

2568m2 Commercial property in Limassol, Cyprus No. 45023

2568 sq.m.

Square

Parameters

Property Description

The commercial development is located in the heart of Limassol. It combines 8 floors of commercial space for 16 offices, all designed in such a way that allows for ultimate sustainability and efficiency.

A double-height lobby sets the tone for this ultra-modern building, while full-height glazing on each floor creates a light-filled workspace that optimizes comfort, at the same time offering views of the whole city below.

With ample space for two offices on each floor, these workspaces are fully flexible and customizable over a 400 square meter layout, accommodating businesses of any size and stature. Bright, spacious and versatile, office accommodation also integrates strong environmental sensibilities across every floor to maximize output and minimize costs. Every office also features its own spacious terrace and is equipped with restrooms and kitchenettes.

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