+ 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%

544m2 Shop in Germasogeia, Limassol, Cyprus No. 53952

544 sq.m.

Square

Parameters

Property Description

Newly developed commercial spaces, ideally situated in a prime location along one of Limassol’s busiest avenues, just a short walk from the sea. The area offers convenient access to essential amenities, including shops, banks, cafes, restaurants, and more. These units feature high-quality wall finishes, outdoor VRV air conditioning systems, and provisions for kitchen installations, lighting sockets, and switches

Features

City view

City view

Park

Park

Supermarket

Supermarket

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+ VAT

544m2 Shop in Germasogeia, Limassol, Cyprus No. 53952

544m2 Shop in Germasogeia, Limassol, Cyprus No. 53952

Features

Location

City view

City view

Outdoor features

Park

Park

Supermarket

Supermarket

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