€ 5 000 000

€ 4 623 / 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%

1081.5m2 Office in Kato Paphos, Paphos, Cyprus No. 50286

Bathrooms

1081.5 sq.m.

Square

Parameters

Property Description

For sale: A brand new, off-plan office building offering an impressive internal space of 1,081.5 square meters. Located in the sought-after area of Kato Paphos, this property is an excellent choice for businesses seeking a modern work environment. The spacious layout includes three well-appointed bathrooms, a functional basement, and the convenience of a high-capacity elevator.

Kato Paphos is a lively district known for its blend of historic charm and contemporary amenities. The area is home to a variety of cafes, restaurants, shops, and essential services, all within easy reach. With a prime city view from the office, your business will be positioned in a location that is both convenient and prestigious.

Additional features include a large plot, ensuring plenty of space for parking or potential outdoor use. The property is equipped with a central air conditioning system to maintain a comfortable environment year-round. With its modern design and excellent accessibility, this office is ideal for companies anticipating future growth.

This unique opportunity is offered by Purple International Real Estate. Get in touch today to learn more or arrange a viewing.