+ 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%

5156m2 Office in Limassol, Cyprus No. 49643

5156 sq.m.

Square

Parameters

Property Description

This modern Class "A" business center offers the opportunity to create ideal conditions for work and creativity. Every detail of the offices and common areas harmoniously combines unique interior solutions and modern functionality. Panoramic glazing helps to preserve natural light and offers stunning views of the Mediterranean, the mountains, and the city. Even the rooftop is a separate area for relaxation and meetings. There is a green garden and a barbecue area for employees.

The main features of the project :

• Full functionality: The building is equipped with everything necessary for productive work, leisure, and sport. Gym, cozy café, conference rooms, stylish lobby, representative offices of various sizes, guarded two-story car park.
• High-quality infrastructure and facilities.
• Intelligent automation systems, energy-efficient design, and environmentally friendly materials.

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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