+ 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%

790m2 Commercial property in Germasogeia, Limassol, Cyprus No. 53754

790 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

This exceptional commercial building is thoughtfully designed to combine functionality, flexibility, and modern aesthetics. It comprises a ground floor and four upper levels, each offering approximately 158 sq.m. of internal covered space, further enhanced by spacious covered verandas. The structure has been carefully prepared to allow future enclosure of the verandas, subject to the necessary permits, providing added versatility for evolving business needs.
Each floor features a contemporary open-plan office layout, complemented by independent kitchen facilities, creating an efficient and comfortable working environment. The modern design makes the property ideally suited for corporate headquarters or multi-department operations seeking both style and practicality.
Parking is well accommodated, with six underground spaces ensuring security and convenience, alongside three additional parking spaces at ground level for easy access.
Crowning the building is an impressive roof garden on the fifth level. Already equipped with full infrastructure provisions, it offers the opportunity to create a premium executive or hospitality space, with the potential for a large kitchen and lounge area—perfect for hosting clients or providing a unique relaxation setting for staff.
Delivery Date: September 2026

Features

Solar panel for water heating

Solar panel for water heating

Elevator

Elevator

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790m2 Commercial property in Germasogeia, Limassol, Cyprus No. 53754

790m2 Commercial property in Germasogeia, Limassol, Cyprus No. 53754

Features

Features

Solar panel for water heating

Solar panel for water heating

Indoor facilities

Elevator

Elevator

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