+ 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%

540m2 Office in Limassol, Cyprus No. 48970

540 sq.m.

Square

Parameters

Property Description

This modern office space is located in the heart of Limassol’s Old Town, offering a blend of historical charm and contemporary functionality. Designed for productivity and comfort, the office provides a spacious layout with high-tech amenities, making it an ideal workspace for professionals and businesses.

The main features of the office space:

• 540 sqm of net internal area
• 30 sqm covered balcony for outdoor breaks and meetings
• 180 sqm uncovered rooftop for relaxation or team gatherings
• Fully furnished with modern office essentials
• VRV air conditioning & heat recovery system for climate control
• Prime location in Limassol’s Old Town, surrounded by history and culture

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

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