Since 2012, a reduced value added tax (VAT) rate has been operating in Cyprus. It allows first time home buyers to pay 5% instead if the full 19% tax. However, the European Commission is not satisfied with the "generosity" of the Cyprus authorities, and demands to tighten this law. What is going to change and how much will this change? State of affairs in the period 2012-2023 The reduced VAT...
An A-Class business center is a premium commercial property that offers top-notch infrastructure and amenities for businesses. The exact definition of an A-Class business center may vary from region to region, but it typically refers to buildings that meet the highest standards of design, construction, and functionality. Some of the features commonly found in an A-Class business center include a prime...
Modern office architecture refers to the contemporary approach to designing and constructing office buildings that prioritize functionality, efficiency, sustainability, and aesthetics. Modern office architecture typically features innovative and cutting-edge design elements, such as open-plan workspaces, flexible floor plans, eco-friendly materials, and smart technology. An office's architecture can stand...
Commercial real estate in Cyprus includes a variety of property types, such as office buildings, retail spaces, warehouses, hotels, and mixed-use developments. This market has seen significant growth in recent years, driven by a strong economy, a business-friendly environment, and a growing tourism sector. One of the most popular commercial real estate markets in Cyprus is the city of Limassol, which has...