+ 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%

370m2 Office in Zakaki, Limassol, Cyprus No. 55834

370 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

An impressive commercial building situated in Zakaki, Limassol strategically located in an area with all needed amenities, 2 minutes away from My Mall and City of Dreams Casino resort and just a short drive away from the city center. The office has high ceilings, lots of natural light, is fully equipped and is found on the ground floor of the building, including a spacious mezzanine with extra space and 4 WC’s. Available now.

Features

Close to shopping malls

Close to shopping malls

City center

City center

Mountain view

Mountain view

Good quality

Good quality

Home renovation

Home renovation

New development project

New development project

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370m2 Office in Zakaki, Limassol, Cyprus No. 55834

370m2 Office in Zakaki, Limassol, Cyprus No. 55834

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Mountain view

Mountain view

Features

Good quality

Good quality

Home renovation

Home renovation

New development project

New development project

Outdoor features

School

School

Supermarket

Supermarket

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