Property photos
Just added
£3,961,793
€4,700,000
Retail premises for sale
Limassol, Limassol, Cyprus6 baths
Local area information
Property location
This location is approximate only. Contact the agent for the exact address.
Nearby amenities
Features and description
The Head Office of a company in Limassol's sea front is now available for sale.
The building has a total internal area of 1,072m2. With current market rental rates in the area at €30.00/m2, the estimated annual rental value is €385,920. In comparison, the proposed sale price of €4,700,000 (€4,384/m2) yields a rental return of 8.2% before taxes.
Please note that a seller is in a position to carry out tailored modifications to the property to meet your specific operational requirements. These modifications can be executed at construction cost plus a 15% construction fee.
Property Overview:
The property is located at a seafront position, in a development that comprises residential apartments, the Hotel, and a variety of established commercial premises. This semi-detached commercial building offers direct pedestrian access from the seafront promenade and enjoys a strategic location just a short drive from the city centre. It is also adjacent to public municipal parking and features gated entry into the complex.
Available - 4 months from the date of transaction completion
Property Type -Semi-Detached, 2-Storey Commercial Office Building
Total Internal Area -1,072 m2
Kitchenettes 2 (Total 29.19 m2)
Strong Rooms 2 (Total 12.03 m2)
Storage Rooms 2 (Total 27.57 m2)
Restrooms -On all three levels
Title Deeds -2 Separate Title Deeds
VAT - Exempt Transaction
On-site Parking -15
Transferable Municipal Parking Permits
3 Parking Permits (Public Parking Adjacent)
Fully Renovated in 2022
Common Area Expenses -Approximately €600 per month
The building has a total internal area of 1,072m2. With current market rental rates in the area at €30.00/m2, the estimated annual rental value is €385,920. In comparison, the proposed sale price of €4,700,000 (€4,384/m2) yields a rental return of 8.2% before taxes.
Please note that a seller is in a position to carry out tailored modifications to the property to meet your specific operational requirements. These modifications can be executed at construction cost plus a 15% construction fee.
Property Overview:
The property is located at a seafront position, in a development that comprises residential apartments, the Hotel, and a variety of established commercial premises. This semi-detached commercial building offers direct pedestrian access from the seafront promenade and enjoys a strategic location just a short drive from the city centre. It is also adjacent to public municipal parking and features gated entry into the complex.
Available - 4 months from the date of transaction completion
Property Type -Semi-Detached, 2-Storey Commercial Office Building
Total Internal Area -1,072 m2
Kitchenettes 2 (Total 29.19 m2)
Strong Rooms 2 (Total 12.03 m2)
Storage Rooms 2 (Total 27.57 m2)
Restrooms -On all three levels
Title Deeds -2 Separate Title Deeds
VAT - Exempt Transaction
On-site Parking -15
Transferable Municipal Parking Permits
3 Parking Permits (Public Parking Adjacent)
Fully Renovated in 2022
Common Area Expenses -Approximately €600 per month
More information
Listed by
SLV Estates Ltd
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Property descriptions and related information displayed on this page are marketing materials provided by - SLV Estates Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SLV Estates Ltd for full details and further information.