Commercial Building For Sale Limassol

Sold

Overview

Reference 6737

Rooms: 20

Floors: 5

Year of Construction: 2022

Status: Under construction

Covered:725m²

Plot:875m²

Covered veranda:150m²

Roof garden:70m²

This property is sold.

For sale an elite contemporary commercial building in Limassol’s old town with another iconic development.

The award-winning architects and designers thoughtfully created a spacious building with five floors and a rooftop. This property is delivered with a top standard finishing, offering the best use of common spaces and stunning
individual offices for a productive and efficient work environment.

It is located in the centre of Limassol, an address that’s desirable by anyone.
It is right in the heart of Limassol town surrounded by retail shops, cafeterias, restaurants, law firms, banks etc

The building has been leased in its entirety for 15,000EUR monthly (or 180,000EUR per annum) for a period of 5 years (primary period) and the tenant has the option to renew the tenancy for an additional period of 5 years. Rent increases by 2.5% annually, hence year two monthly rent is 15,375EUR (184,500EUR p.a), year three - 15,760EUR (189,120EUR p.a), year four – 16,150EUR (193,800EUR p.a) and year five – 16,560EUR (198,720EUR p.a). Total rent received in the first five years 946,140EUR.

Facilities

Aircondition, Central system
Elevator
Parking, Covered

Features

Double glazing
Easy access to main roads
Heart of city center
High ceilings
Kitchenette
Meeting room
Near amenities
Near public transport
Reception
Roof garden
Spacious rooms

Distances

Amenities: 100 m

Airport: 60 km

Sea: 300 m

Public transport: 100 m

Schools: 100 m

Floor Plans

Contact

Whilst we make every effort to ensure that the information contained within this publication is true and accurate, it is for guidance purposes only and should not be relied upon as a representation or statement of fact. It is the responsibility of the applicant to verify the details shown in this publication prior to making an offer. Neither smartmoveonline nor any of its employees or agents has any authority to make or give any representation or warranty whatsoever in relation to this property.