+ 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%

181m2 Office in Zakaki, Limassol, Cyprus No. 45271

181 sq.m.

Square

Parameters

Property Description

Ultra modern, high quality office building, located in Zakaki, near all kind of amenities. This unique building is very close to the New Casino, the New Port and the Mall of Limassol. It also has a very easy access to the highway, the city center and the Limassol Marina.

The architectural plans were designed by the famous architect office, the construction will be done with the highest standards and specifications and with the best quality materials.

The building consists of a basement (parking area), ground level with more covered parking area and a lobby with reception area, a mechanical floor and 3 floors of spacious open plan offices with big covered verandas.

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

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+ VAT

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181 sq.m.

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Verified property

180m2 Office in Limassol, Cyprus No. 55917

600 000

3 Bathrooms

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3 823 230

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+ VAT

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