€ 8 000

€ 36 / sqm

per month

+ 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%

221m2 Office in Limassol, Cyprus No. 56000

221 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

This outstanding New Business Centre is located in the area of Omonoias, one of the main commercial roads in Limassol, offering high visibility from all sides.
Furthermore, this modern and luxurious commercial building is located close to Limassol’s central business district, surrounded by an array of commercial offices, financial institutions, and a large selection of showrooms.
Direct access to the city center, seafront, Limassol Marina, Mall, New Casino, commercial port, and motorway.