+ 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%

1487m2 Commercial property in Zakaki, Limassol, Cyprus No. 55842

1487 sq.m.

Square

Parameters

Property Description

Presenting a state-of-the-art, high-quality office building situated in a prime location in Zakaki, Limassol. This exceptional property is ideally positioned near top-tier amenities and offers unparalleled convenience. It’s just minutes away from the New Casino, the New Port, the Big Mall of Limassol, and has direct access to the highway, city centre, and the Limassol Marina. The building is being constructed to the highest standards using premium materials. This project reflects a commitment to quality, durability, and contemporary design. Whether for investment or corporate use, this office building offers an unbeatable combination of location, quality, and functionality.
Key Features:
Basement level parking
Ground floor with additional covered parking and a stylish lobby/reception area
Mechanical floor
Three floors of spacious, open-plan office space
Large covered verandas on each floor

Features

Off-plan development

Off-plan development

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+ VAT

1487m2 Commercial property in Zakaki, Limassol, Cyprus No. 55842

1487m2 Commercial property in Zakaki, Limassol, Cyprus No. 55842

Features

Features

Off-plan development

Off-plan development

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