2963m2 Commercial property in Limassol, Cyprus No. 58719

2963 sq.m.

Square

+ 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%

Parameters

Property Description

An office building set directly on the seafront, offering panoramic sea views from every level and just steps from the coastal promenade of Limassol. The ground floor features premium street-level retail space, while the upper floors house bright, open-plan offices framed by full-height glazing that floods interiors with natural light.

The building combines elegant architectural design with engineering strength, including earthquake-resistant construction and high-quality finishes throughout communal areas, lobbies, and corridors. Residents and tenants benefit from smart, low-noise elevators, a grand reception lobby, and a private rooftop garden ideal for relaxing or hosting small gatherings with uninterrupted sea views.

Advanced building technologies include facial-recognition access control, round-the-clock security and video surveillance, uninterruptible power systems, high-speed fiber-optic connectivity, and dedicated telecom infrastructure - ensuring a secure, modern, and efficient environment for business.

Available for lease or sale, delivered fully fitted out, this development is ideally positioned within easy reach of the historic old town, marina, and city center - combining prime location with sophisticated, future-ready design.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Statistics

€ 4 952

Price per sq.m.

159

Quality of Life Index

67

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 481

Apartment (1 bedroom) Outside of Centre

€ 1 244

Apartment (3 bedrooms) in City Centre

€ 2 378

Apartment (3 bedrooms) Outside of Centre

€ 1 882

Buy Apartment Price

Price per square metre in the city centre

€ 4 952

Price per square metre outside the city centre

€ 3 672

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