+ 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%

340m2 Commercial property in Kato Polemidia, Limassol, Cyprus No. 53703

340 sq.m.

Square

Parameters

Property Description

Modern Ground Floor and first floor Office/ Shop in Kato Polemidia | Available June 2026
Prime ground floor and first floor location in a vibrant, high-traffic area
Situated within a prestigious complex surrounded by cafés, gym, salon & retail outlets
Property Features:
High ceilings & bright open-plan layout
Floor-to-ceiling glass frontage (excellent visibility)
VRV air-conditioning system
Smart energy-efficient systems
Additional Benefits:
Secure underground parking
Modern, professional environment ideal for offices or retail use
• Perfect opportunity to establish your business in a landmark commercial space in a growing area.

Features

City center

City center

City view

City view

Solar panel for water heating

Solar panel for water heating

Supermarket

Supermarket

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+ VAT

340m2 Commercial property in Kato Polemidia, Limassol, Cyprus No. 53703

340m2 Commercial property in Kato Polemidia, Limassol, Cyprus No. 53703

Features

Location

City center

City center

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

Outdoor features

Supermarket

Supermarket

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