€ 2 500 000

€ 3 049 / 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%

820m2 Commercial property in Mesa Geitonia, Limassol, Cyprus No. 55136

820 sq.m.

Square

Parameters

Property Description

• Prime Commercial Investment Opportunity in the Heart of Limassol
An exceptional opportunity to acquire a strategically located office building in one of Limassol’s most sought-after business districts. The property has already been stripped to its structural framework, reinforced, and fully prepared for the development of a contemporary four-storey commercial building with rooftop terrace — allowing immediate commencement of construction works.
• Project Highlights:
• Four office floors of approximately 205 m² each
• Kitchen and lounge area on every floor
• Ground floor suitable for retail use, with the option to divide into 2–3 separate units
• Spacious rooftop terrace ideal for events, meetings, or executive lounge use
• Underground parking for 10 vehicles plus 2 additional outdoor parking space

Features

City view

814m2 Commercial property in Larnaca, Larnaka, Cyprus No. 44771

814 sq.m.

+ VAT

Verified property

809m2 Commercial property in Agios Ioannis, Limassol, Cyprus No. 54144

809 sq.m.

+ VAT

Verified property

805m2 Commercial property in Limassol, Cyprus No. 38391

805 sq.m.

Verified property

802m2 Commercial property in Larnaca, Larnaka, Cyprus No. 37943

802 sq.m.