€ 4 500 000

€ 4 500 / 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%

1000m2 Commercial property in Kato Polemidia, Limassol, Cyprus No. 49563

1000 sq.m.

Square

Parameters

Property Description

This commercial building is located in the area of Kato Polemidia (a suburb in the north-western part of Limassol).

The main features of the project :

• Offering a generous 1000sqm of space.
• The space is designed to accommodate a variety of business types.
• With 11 convenient parking spaces, visitors to your business will enjoy hassle-free access.
• A substantial basement area measuring 428.75m2. Each floor spans 200 square meters, crowned by an accessible roof garden. A modern and distinctive architectural style.

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

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