+ 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%

1014m2 Office in Germasogeia, Limassol, Cyprus No. 53685

1014 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Luxury Commercial Space Near the Sea – Germasogeia, Limassol
Located in the prestigious area of Germasogeia, just 200 meters from the sea, this exceptional commercial property offers a unique opportunity for an office, restaurant, or premium hospitality concept.
Positioned on the 14th floor, the property spans 1,014 sq.m. and enjoys panoramic sea, city, and nature views. Designed within a landmark mixed-use development currently under construction, the space combines prime location, luxury facilities, and modern architecture.
Property Features
Internal area: 1,014 sq.m.
14th floor
Bright and airy spaces
Covered parking space
Storage area
Energy Efficiency Certificate: A
Development Amenities:
Concierge services
Executive lounge
24/7 security & video monitoring
Indoor heated pool & semi-Olympic outdoor pool
Fully equipped gym
SPA, sauna & hammam
Tennis court
BBQ areas
Close to restaurants, cafés, entertainment venues, supermarkets, and the beachfront

Features

Sea view

Sea view

City view

City view

Swimming pool

Swimming pool

Supermarket

Supermarket

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1014m2 Office in Germasogeia, Limassol, Cyprus No. 53685

1014m2 Office in Germasogeia, Limassol, Cyprus No. 53685

Features

Location

Sea view

Sea view

City view

City view

Outdoor features

Swimming pool

Swimming pool

Supermarket

Supermarket

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