+ 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%

177m2 Commercial property in Agios Ioannis, Limassol, Cyprus No. 55996

177 sq.m.

Square

Parameters

Property Description

• Prime 5-Floor Commercial Offices in the Heart of Limassol
Located just steps from Limassol Marina and the city’s main avenues, this five-storey commercial building with a fully equipped basement offers modern, flexible office spaces designed for businesses of all sizes.
Highlights:
• Exceptional Location — close to financial institutions, services, and lifestyle amenities
• Contemporary Design — premium materials and intelligent layouts
• Versatile Office Spaces — five floors adaptable for offices, corporate HQs, or co-working
• Strategic Opportunity — ideal for investment or establishing a commanding business presence
A space where prestige, functionality, and accessibility meet—perfect for companies ready to thrive.
Construction is expected to start Q4 of 2025 and its expected completion date is Q4 2027

Features

City view

City view

Solar panel for water heating

Solar panel for water heating

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177m2 Commercial property in Agios Ioannis, Limassol, Cyprus No. 55996

177m2 Commercial property in Agios Ioannis, Limassol, Cyprus No. 55996

Features

Location

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

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