+ 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%

1260m2 Commercial property in Paphos, Cyprus No. 50358

1260 sq.m.

Square

Parameters

Property Description

This Business Centre offers an opportunity to establish the business in one of the most sought-after office locations in Paphos.

Experience comfort and sustainability with underfloor heating and a VRF air-conditioning system, ensuring optimal climate control year round.

Half of each floor is an office space with a covered veranda, including spacious, fully equipped conference rooms.

This Business Centre offers the location, infrastructure and prestige your business deserves.

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

Features

Storage room

Storage room

Statistics

€ 3 890

Price per sq.m.

180

Quality of Life Index

57

Cost of Living Index

Choose a city for comparison

Parameters

Paphos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 967

Apartment (1 bedroom) Outside of Centre

€ 875

Apartment (3 bedrooms) in City Centre

€ 1 863

Apartment (3 bedrooms) Outside of Centre

€ 1 671

Buy Apartment Price

Price per square metre in the city centre

€ 3 890

Price per square metre outside the city centre

€ 2 229

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+ VAT

Features

Indoor facilities

Storage room

Storage room

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