+ 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%

2965m2 Commercial property in Germasogeia, Limassol, Cyprus No. 55152

2965 sq.m.

Square

Parameters

Property Description

For sale is an impressive off-plan commercial office building located in Germasogeia – Chalomandres (Columbia) area, Limassol. This modern property spans a total of 2,965 sq.m., offering a prime business space close to the sea and city center, making it highly accessible and attractive for commercial use. The building includes a spacious basement of 2,011 sq.m., ideal for parking and storage. Additionally, there is a 566 sq.m. showroom on the ground floor, complemented by 194 sq.m. of common areas and a mechanical floor of 379 sq.m.
The building comprises 5 floors above the basement, with each floor offering 379 sq.m. of office space and 97 sq.m. of common areas. The 5th floor is uniquely designed with 204 sq.m. of interior space and 175 sq.m. of uncovered verandas, providing a fantastic opportunity for outdoor business gatherings or leisure spaces.
This property is equipped with 56 closed parking spaces, ensuring ample parking for employees and visitors. The building features modern air conditioning systems, double-glazed windows for energy efficiency, and is certified with an A-rated energy certificate. It also includes key amenities such as an elevator, internal staircase, and storage facilities, adding to its functionality and appeal.
This commercial building offers an exceptional opportunity for businesses looking to establish themselves in a prime location in Limassol, combining style, convenience, and practicality.

Features

City center

City center

Elevator

Elevator

Private parking

Private parking

Similar Property

Verified property

3026m2 Commercial property in Mesa Geitonia, Limassol, Cyprus No. 53888

15 000 000

17 Bathrooms

IV quarter, 2026

3026 sq.m.

17 000 000

2883 sq.m.

+ VAT

Verified property

2850m2 Commercial property in Nicosia, Cyprus No. 37904

950 000

2850 sq.m.

Verified property

3099m2 Commercial property in Limassol, Cyprus No. 53461

8 000 000

3099 sq.m.

2965m2 Commercial property in Germasogeia, Limassol, Cyprus No. 55152

2965m2 Commercial property in Germasogeia, Limassol, Cyprus No. 55152

Features

Location

City center

City center

Indoor facilities

Elevator

Elevator

Private parking

Private parking

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more