+ 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%

174m2 Office in Zakaki, Limassol, Cyprus No. 45061

174 sq.m.

Square

Parameters

Property Description

This commercial development is located in Zakaki, Limassol's western part. The building consists of 7 floors, all offering open-space offices with nice views. The building's roof terrace is ideal for office entertainments and as a multi-function venue.

The development is designed with all requirements in terms of mechanical strength and seismic resistance.

TURNKEY FINISHES:

• Marble floors and walls in toilets and bathrooms
• High ceilings
• Provision for VRV system
• Double glazed thermal aluminium window frames
• High-quality built-in office cabinets from Italy

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

Features

Storage room

Storage room

Car park

Car park

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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