€ 17 000 000

€ 5 897 / 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%

2883m2 Commercial property in Limassol, Cyprus No. 48895

2883 sq.m.

Square

Parameters

Property Description

A privately-owned commercial building located in a key area of central Limassol, with access from three major avenues. Designed to accommodate a wide range of business needs, the building offers 2,300 m² of open-plan office space, integrating sustainability and modern workplace solutions.

The building is equipped with high-speed internet, advanced security features, smart automation, and energy management systems. It also ensures compliance with accessibility standards, featuring elevators, ramps, and designated parking spaces for individuals with disabilities. On-site parking, electric vehicle charging stations, and proximity to public transportation enhance convenience for tenants and visitors.

The main features of the project and the units:

• Privately-owned commercial building in central Limassol
• Accessible via three major avenues
• 2,300 m² of open-plan office space
• High-speed internet connectivity
• Advanced security systems and CCTV surveillance
• Smart building automation and energy management
• Access control systems and secure parking facilities
• ADA-compliant accessibility features (elevators, ramps, designated parking)
• On-site parking and electric vehicle charging stations
• Easy access to public transportation

The project has an EPC certificate with “A” energy efficiency rating.