+ 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%

1835m2 Office in Limassol, Cyprus No. 54163

1835 sq.m.

Square

Parameters

Property Description

Spacious and luminous offices interiors fully equipped with commercial use facilities, located in a vibrant urban location in the heart of Limassol. The Urban Center is built to inspire, characterized by its modern yet minimal design, and impressive features. Its striking, bold architecture, latest technology, secure environment, and impressive, luxurious roof garden, make this commercial gem an excellent property choice for those who are seeking a valuable investment.

Features

Mountain view

Mountain view

City view

City view

Private parking

Private parking

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

Similar Property

3 800 000

IV quarter, 1985

1778 sq.m.

4 850 000

1 Floor

1585 sq.m.

+ VAT

Verified property

1381m2 Office in Germasogeia, Limassol, Cyprus No. 36823

8 200 000

1381 sq.m.

+ VAT

1835m2 Office in Limassol, Cyprus No. 54163

1835m2 Office in Limassol, Cyprus No. 54163

Features

Location

Mountain view

Mountain view

City view

City view

Indoor facilities

Private parking

Private parking

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