€ 2 254 000

€ 8 137 / 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%

277m2 Commercial property in Agios Athanasios, Limassol, Cyprus No. 56251

277 sq.m.

Square

Parameters

Property Description

A 1st floor Office in Kolonakiou Avenue, centrally located, with quick access to the highway and a 1-minute drive from the sea.
The project comprises of a ground floor office with mezzanine and lobby area at the entrance and 4 typical floors with Reception area.
1st Floor: Covered Area 277 sq.m + Covered Veranda 90 sq.m
2nd, 3rd + 4th Floors: Covered Area 284 sq.m + Covered Veranda 72 sq.m
Roof: 16 sq.m
Lobby: 121 sq.m
Basement: 678 sq.m
Each floor includes 7 offices and a lobby area.
Covered Parking area: 22 parking spaces

Features

Elevator

Private parking

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284m2 Commercial property in Agios Athanasios, Limassol, Cyprus No. 56250

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