€ 3 500 000

€ 14 463 / 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%

242m2 Office in Limassol, Cyprus No. 54123

242 sq.m.

Square

Parameters

Property Description

This sea-front office is 242sqm internally with a veranda of 40sqm. It is close to public transportation, the seaside, super markets, cafes, and to the city center. It includes 4 covered parking spaces, a VRV heating and cooling system, double glazed windows. Its unobstructed sea view, security door, CCTV, security alarm, security cameras, smoke detectors etc, are a few of its outstanding features. Additionally, the secretary on the ground floor undertakes the welcoming and directing of visitors to the correct office, answering the main reception telephone and referring
enquiries, sorting and distributing post, arranging and accepting couriers and deliveries, and connecting tenants with cleaning and maintenance support services, to name a few.