A newly modern commercial building with high specifications and technology standards located in one of the most commercial areas of Limassol with easy access to the beach front, town center and highway network. 

The immediate surrounding areas are highly commercialized with shops, banks, offices of local and foreign companies and showrooms of large commercial and automobile organizations. The area is constantly being enhanced with new commercial developments thus creating capital appreciation for the properties in the area. 

Square Meters:
•    Land Area: 1144 Sq.M
•    Total Building Area: 4.172 Sq.M
•    Ground floor shop and mezzanine total area 545 Sq.M
•    5 levels of open-plan office space total area 2218 Sq.M
•    2 basement levels for parking, with 32 covered spaces, 6 uncovered spaces and parking spaces for visitors .
•    Total Parkings - 38

DETAILS


Status: Completed Building 

Square Meters / Prices

Area
Total covered Area m2
Mezzanine
Uncovered Area / Veranda
Total Area
Total Parking
Basement 1 Parking
656,75
686,87
 
656,75
 
Basement 2 Parking
 
 
 
686,87
 
Ground Parking
27,05
 
37,64
64.69
 
Shop 1
366,4
178,56
 
544,96
7
1st Floor
434,04
 
20,78
454,82
6
2nd Floor
434,04
 
 
434,04
6
3rd Floor
430,74
 
3,28
434,02
6
4th Floor
447,76
 
 
447,76
6
5th Floor
447,76
 
 
447,76
7
TOTAL
3931,41
178,56
61,70
4171,67
38

Price: €11,000,000 (NO VAT or Transfer Fees- see note below*)

Annual Rent: €550,000

Annual Yield: 5%

*IMPORTANT NOTE: An investor for the whole building may buy the owner company, thus not paying VAT and transfer fees resulting in considerable savings.