€ 1 700 000

€ 9 714 / 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%

175m2 Office in Limassol, Cyprus No. 54353

175 sq.m.

Square

Parameters

Property Description

For sale in Limassol City: A prime commercial office space on the 4th floor of a modern building, currently under construction. The office covers 175 sq.m. with an additional 167.25 sq.m. of communal area and 19 sq.m. of covered verandas. It also features a communal roof terrace of 29 sq.m and total roof terrace of 205 sq.m. The property includes multiple levels: a 55 sq.m. ground floor, a spacious 277 sq.m. basement, and a 229 sq.m. mechanical floor. Parking is abundant with 4 dedicated spaces, plus 7 additional spaces in the basement and 9 more on the ground floor. The office is a full-floor unit with storage facilities, designed to meet the highest standards of energy efficiency with an “A” energy certificate. Ideal for businesses seeking a prestigious and strategically located office space in Limassol.