€ 290 000

€ 5 800 / 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%

50m2 Office in Geroskípou, Paphos, Cyprus No. 50775

50 sq.m.

Square

Parameters

Property Description

For sale: An excellent opportunity to own an off-plan office on the second floor of a modern building in the sought-after area of Geroskipou. The property offers 50 square meters of internal space, perfect for a small business or professional practice. The office is conveniently located on the top floor, easily accessed by elevator, and also benefits from basement storage.

Geroskipou is known for its welcoming atmosphere and blend of residential and commercial spaces. The area offers easy access to a range of shops, cafes, and services, making it a practical choice for business owners. Its location near the main highway ensures quick connections to nearby cities and business hubs.

The office is delivered unfurnished, allowing you to design your workspace to suit your business needs. It features a modern central air conditioning system to keep the environment comfortable all year round. Proximity to essential amenities and main transport routes make this property both a smart investment and a convenient place to work.

This listing is brought to you by Purple International Real Estate. Contact us today for more information or to arrange a viewing.