+ 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%

365m2 Shop in Germasogeia, Limassol, Cyprus No. 53796

365 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Brand-new prime commercial space for Sale in Germasogeia tourist area, Limassol. Situated on the first line, the property enjoys high pedestrian and vehicle traffic, excellent visibility, and easy access. With a total area of 544 sqm, including a spacious ground floor, mezzanine, veranda, and technical floor, the space features a full glass façade, double-height ceilings, and modern infrastructure. Surrounded by well-known brands such as Starbucks and KFC, as well as hotels, shops, and residential towers, it offers strong commercial potential and is ideal for retail, showroom, or restaurant use.
Key Features:
• First-line tourist area location
• Total area: 544 sqm
• Ground floor + mezzanine + veranda + technical floor
• Full-height glass façade for maximum visibility
• Double-height ceilings
• VRV air conditioning system installed
• Provisions for kitchen, lighting, and electricals
• Allocated parking spaces
• Suitable for retail, F&B, showroom, or premium concepts

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365m2 Shop in Germasogeia, Limassol, Cyprus No. 53796

365m2 Shop in Germasogeia, Limassol, Cyprus No. 53796

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