195m2 Office in Limassol, Cyprus No. 52617

195 sq.m.

Square

+ 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%

Parameters

Property Description

A contemporary office development situated on one of Limassol's most well-connected avenues, designed for businesses that demand more from their workspace. Clean architectural lines, high-quality finishes and thoughtfully considered layouts create an environment where professionals can work at their best.

Each floor offers a spacious office unit with a covered veranda, including a dedicated director's office, conference area, reception, kitchenette and server room. The building is topped with a generous roof garden, providing an exceptional outdoor space for entertaining or relaxation.

The development is ideally located with immediate access to public transport, major road networks, the city centre and key commercial destinations, making daily operations straightforward for both staff and clients.

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

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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