€ 11 600 000

€ 6 409 / sqm

+ 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%

1810m2 Commercial property in Limassol, Cyprus No. 53895

1810 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

An exceptional investment opportunity in the heart of Limassol’s bustling city centre . This modern commercial office building spans a total covered area of 1,810 sqm. and is strategically positioned in a high-demand commercial zone, offering both visibility and accessibility. Ground Floor: 82 sqm. welcoming reception or showroom space of basement: 859 sqm. ideal for storage, parking, or archive space. Five upper floors with a private roof garden of 300sqm. Flexible open-plan office layouts to accommodate various business needs. With seamless access to the port, airport routes, and city centre, it’s perfectly positioned for regional and international business. The striking stepped-glass façade, spacious lobby, and five floors of flexible offices create a modern, light-filled workspace.