€ 8 550 000

€ 5 938 / 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%

1440m2 Commercial property in Limassol, Cyprus No. 45127

1440 sq.m.

Square

Parameters

Property Description

Right in the center of a fast growing, vibrant and cosmopolitan city, this 7 floor Business Centre offers the place to be when it comes to business. A modern and elegant building with ergonomic offices tailored to the needs of its tenants. Near to all governmental and municipal departments and 2 minutes walking distance from Limassol Courts is a hot spot for law, accounting, consultancy, real estate and construction companies.

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