+ 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%

1302m2 Commercial property in Mesa Geitonia, Limassol, Cyprus No. 53617

1302 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

This modern and elegant office building, currently under development, is located in Limassol, Cyprus.
Situated on a corner plot in one of the s most dynamic commercial areas of the city, it is surrounded by a variety of businesses including retail shops, banks, insurance companies, law firms, cafes, and schools.
The building consists of a ground-floor shop with a mezzanine, along with four levels of office spaces, covering a total area of approximately 1,302 square meters, plus a basement. It offers 18 parking spaces and features a striking high-rise reception and lobby, providing a welcoming and functional environment for both tenants and visitors.
Upper floors boast sea views, and there is the option to include a roof garden.
Designed with top-quality materials and modern technical specifications, the building will be energy-efficient and feature extensive green spaces in both its interior and exterior.
•5 Floors
•18 parking spaces
•Class A Energy Efficiency
•Sea View
•High rise, spacious, independent reception and lobby
•Shell core delivery for customization and design
•Prime Commercial Location
•Green Spaces
•Roof Garden (Optional)
is in shell core state, with possibility for customization and design..

Features

City center

City center

Sea view

Sea view

City view

City view

Solar panel for water heating

Solar panel for water heating

Good quality

Good quality

Elevator

Elevator

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1302m2 Commercial property in Mesa Geitonia, Limassol, Cyprus No. 53617

1302m2 Commercial property in Mesa Geitonia, Limassol, Cyprus No. 53617

Features

Location

City center

City center

Sea view

Sea view

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

Good quality

Good quality

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

School

School

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