+ 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%

968m2 Office in Kato Polemidia, Limassol, Cyprus No. 54017

968 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Introducing a new office building located in the vibrant Kato Polemidia area, just a 5-minute walk from popular amenities such as Ikea, Jumbo, Alpha Mega, and McDonald’s. This prime location offers convenient access to main roads, the highway, and Spyrou Kyprianou Street. The building features a modern and beautiful design across three floors, including a welcoming lobby, a basement with covered parking, and a scenic roof terrace. This exceptional property combines functionality with aesthetic appeal, making it an ideal choice for businesses seeking a strategic and stylish workspace.
1st floor with the ground floor (atrium) for a total area of 260m2.
2nd floor total area of 236m2.
3rd floor a total area of 236m2.
4th floor total area of 236m2.
plus roof garden.

Features

City view

City view

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968m2 Office in Kato Polemidia, Limassol, Cyprus No. 54017

968m2 Office in Kato Polemidia, Limassol, Cyprus No. 54017

Features

Location

City view

City view

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