€ 1 300 000

€ 5 991 / 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%

217m2 Office in Paphos, Cyprus No. 48398

217 sq.m.

Square

Parameters

Property Description

This commercial development offers flexible office units in a strategic central location in Paphos, designed to support long-term business growth. Preliminary lease agreements are now open for select tenants. With modern architecture, sea views, and high-spec technological infrastructure, the building is designed to meet the needs of companies seeking a contemporary work environment.

Offices are available in shell & core condition, allowing tenants to personalize the space in line with their operational requirements and branding. Fit-out services are available upon request. The building is supported by reliable power supply systems, dual internet providers, and advanced access control and security features.

Conveniently located within close reach of Paphos International Airport, the highway to Limassol, and the city’s commercial core, the project ensures excellent connectivity for staff and clients. On-site dining facilities and proximity to restaurants and amenities contribute to a well-rounded work-life experience.

The main features of the project and the units:

• Long-term lease agreements (minimum 5 years)
• Base rent from €45/sqm/month
• Units starting from 155 sqm
• Shell & core condition
• Fit-out available upon request
• Face ID access control system
• 24/7 security and video surveillance
• UPS-protected critical systems
• TIER II server room with tenant equipment space
• Fiber-optic internet infrastructure
• Dual telecom service providers
• EV charging station
• On-site restaurant and café
• 20 minutes from Paphos International Airport
• 6 minutes to Limassol highway

Surrounded by businesses and amenities in Paphos commercial district