+ 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%

6200m2 Office in Limassol, Cyprus No. 49562

6200 sq.m.

Square

Parameters

Property Description

A new office building in Limassol located at the busiest intersection in the city. Convenient access to the highway. The building has three underground levels with parking. Fourteen floors, one of which is technical. The modern office offers an unforgettable panoramic view of the city and the sea. The building is sold as a whole.

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

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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+ VAT

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6 300 000

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+ VAT

3 800 000

IV quarter, 1985

1778 sq.m.

4 850 000

1 Floor

1585 sq.m.

+ VAT

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