+ 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%

536m2 Building in Limassol, Cyprus No. 55969

536 sq.m.

Square

Parameters

Property Description

The Central is a mixed-use building, blending perfectly commercial, office and residential spaces in the very heart of Limassol. The structure of The Central has an impressive modern and elegant style offering a convenient planning solution with high-quality finish. The building is equipped with an underground parking which can be accessed through an electrical platform ensuring thus the privacy of your parking space. The building consists of 4 floors and a basement. The ground floor includes a lobby and a two-level retail space that are ideal for a showroom, on the second and third floor there you can find the elegant office spaces and, on the fourth floor there is a spacious two-bedroom penthouse with a roof garden that enjoys ample of city views.
As its name suggests, the building is located in the heart of the fastest developing commercial center of Cyprus; Limassol area of Pentadromos. The proximity to the nearby amenities is a breath away offering everything you may need for a business or comfortable living. The old city center is a step away to be explored and enjoyed.

Features

City view

City view

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

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536m2 Building in Limassol, Cyprus No. 55969

536m2 Building in Limassol, Cyprus No. 55969

Features

Location

City view

City view

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