+ 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%

240m2 Commercial property in Limassol, Cyprus No. 53904

240 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Total office covered area 1164 sqm
Each floor is 240 sqm
Covered balcony is 31 sqm each floor
Ground floor covered area 126 sqm
1,2,3,4 floors covered area 960 sqm
Roof top
uncovered area 65 sqm
Covered verandas 56 sqm
Underground 526 sqm
25 parking places (19 covered) + 6 uncovered
Amenities included:
Alfresco rooftop
Gym
Sauna
Hydromassage showers
VRV air conditioning system ( Daikin )
Security cameras
Secured entrance to the building
Photovoltaics
Acoustic suspended Ceilings
Raised floors
Energy rating: A

Features

City center

City center

City view

City view

Alarm system

Alarm system

Solar panel for water heating

Solar panel for water heating

Private parking

Private parking

Park

Park

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

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240m2 Commercial property in Limassol, Cyprus No. 53904

240m2 Commercial property in Limassol, Cyprus No. 53904

Features

Location

City center

City center

City view

City view

Features

Alarm system

Alarm system

Solar panel for water heating

Solar panel for water heating

Indoor facilities

Private parking

Private parking

Outdoor features

Park

Park

Supermarket

Supermarket

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