Part of a 5.323m2 plot of land, this commercial and office project is located near Limassol’s New Port, an area that is constantly being enhanced with new commercial developments thus creating capital appreciation for the properties in the area. 

Its nodular location connects east to west parts of Limassol while at the same time providing direct and easy access to the motorway network connecting Limassol to other cities and airports. 

It is close to government and district offices, a number of bank branches and local and international ship management companies, and a short distance from the Limassol Marina and the Ipsonas industrial park. 

The project is the most recently build commercial project in the area, is of high specifications with modern and spacious offices, and makes use of advanced technologies affording it energy efficiency certification. It comprises of 8 shop units on the ground and mezzanine levels, and five levels containing 5 open plan autonomous office spaces which may be split into two units per level. There are 123 parking spaces including 13 disabled parking spaces. 

The project is suitable to host the head offices of any respectable company or governmental organisation, and it’s strategic location is ideal for the successful operation of any shop in the clothing, telecommunications, cosmetics, travel, florist, or pharmacy business, etc.


Specifications

Offices Common Areas 

Office Units 

Shop Units 

Envelope 

 

Areas & Parking Spaces  

Offices

Office
No.
Covered
Uncovered
Total
Area (m2)
Area (m2)
Area (m2)
101
472
32
504
102
435
96
531
201
483
 
483
202
446
 
446
301
493
 
493
302
457
 
457
401
504
 
504
402
468
 
468
501
515
 
515
502
479
 
479
Total
4,750
128
4,878

Shops

Shop
No.
Ground
Area (m2)
Mezzanine
Area (m2)
Total
Area (m2)
1
302
160
462
2
116
64
180
3
79
44
123
4
82
46
128
5
80
43
123
6
80
43
123
7
80
43
123
8
84
46
129
Total
903
489
1.392

Total Offices and Shops area 6.270 m2

Parking Spaces
Disabled
Total
Ground Level
55
9
64
Basement Level
55
4
59
Total
110
13
123

OFFER PRICES: 

SHOPS

Shop
Status
Original Price
VAT
Rental Income
Yield% on Non Vat prices
Shop 3
Rented
450.000
+ 19%
18.000
4.00%
Shop 6
Rented
450.000
No Vat
18.000
4.00%
Shop 7
Rented
450.000
No Vat
16.800
3.73%
Shop 8
Rented- Cablenet
479.500
Vo Vat
20.400
4,25%
Total
 
1.829.500
 
73.200
4,00%

OFFICES 
Total Price for Offices €12,500,000 + VAT