€ 695 000

€ 6 043 / 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%

115m2 Penthouse in Limassol, Cyprus No. 58585

115 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern Office for Sale in Kapsalos, Limassol
Modern 115 m² penthouse office for sale on the 3rd floor of an under-construction commercial building in Kapsalos, offering a convenient location with easy access to Limassol city centre, schools, supermarkets, cafés and restaurants.
The office features double-glazed windows, tiled flooring, a security door, CCTV/security cameras and a fire-extinguishing system. The building also offers an elevator and the property includes 1 covered parking space.
An excellent option for a professional office or investment in a well-connected area of Limassol.
Delivery Date: Q4 2027