€ 5 545 575

€ 12 713 / sqm

+ 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%

436.2m2 Office in Limassol, Cyprus No. 56243

436.2 sq.m.

Square

Parameters

Property Description

Office for sale on the ground floor in Kapsalos, Limassol City. The property spans 436.20 sq.m. and is located in a residential area. It features air conditioning, and double-glazed windows, with an energy efficiency certificate rated A. The floors are finished with tiles. This new development is in excellent condition and offers city views. Notable building amenities include an elevator, a top-floor restaurant with stunning views, and premium gym facilities. This office space combines modern features with a prime location, ideal for businesses looking for a vibrant and well-connected environment.