Prime Investment Opportunity

  • €1,328,000
Limassol, Old Town

Overview

  • Building
  • Property Type
  • 332
  • m2
  • 382
  • Plot Size m2

Details

  • Property ID: GM-687
  • Price: €1,328,000
  • Property Size: 332 m2
  • Plot Size: 382 m2
  • Build Year: Q3 2024
  • Property Type: Building
  • Status: For Sale
  • Uncovered Veranda: 50 m2

Description

Situated in the heart of Limassol’s historic old town in a central location with seamless connectivity throughout the city, a 3 storey commercial space which offers a prime investment opportunity, with an estimated annual rental yield of 8%.

Just 500m from the sea and close to many amenities, the property holds an immense potential for commercial success. The project is under an SPV (separate company) so no VAT or Transfer Fees are applicable.

Features include – Modern industrial design finishes, exposed mechanical ceilings, high quality laminate finish in private conference rooms and executive offices. High quality ceramic tiles in communal office spaces. Views of Limassol’s Historical Old Town.

Ground Floor – 133 m2

  • Open plan office space – in excess of 18 people
  • Open conference area
  • Reception area
  • Lounge / dining area
  • Kitchen
  • 2 WC
  • Storage space

Mezzanine Floor – 50 m2

  • Large private Conference Room
  • Executive offices

First Floor – 149 m2

  • Open plan office space – 10 people
  • Lounge area
  • Balcony
  • WC

Roof Terrace – 50 m2

  • Office Entertainment Space
  • Sea and city views

Parking is available adjacent to the building

Estimated annual rental yield 8%

Under construction, completion date – August 2024

Floor Plans

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Energy Class

  • Energy Class: A
  • Global energy performance index:
  • A+
  • | Energy class A
    A
  • B+
  • B
  • C
  • D
  • E
  • F
  • G
  • Pending
  • City Limassol
  • Area Old Town

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DISCAIMER: Any information or descriptions given on this website are for guidance only, and should be independently verified and confirmed by any interested party. No guarantee, warranty or representation of any kind is made regarding the accuracy of this information.

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