Property Information

https://www.meshiti.com/view-property/print/en/3627/

Meshiti Areti (Rita) Registered and licensed real estate agent
(Reg. No. 904 - LIC No. 450)
37 Vasilis Michaelides Str.
Limassol , Cyprus 3026
Mob : 97 66 33 77
Tel / Fax 25 76 17 07
meshiti@meshiti.com


For Sale - Ref No : INVESTMENT-PACKAGE-0650
City Limassol
Area Central Zone A (below Motorway-up Makarios Ave. - from Germasogeia up to Polemidia districts), Limassol
Property Type Building/Investment Packages
Property Internal Square Meters 1530
Land Square Meters 535
Zone -
Title Status Title Issued
Price € 4500000
VAT : VAT Not Applicable
Description

Commercial / rented / building for sale in Limassol, below the motorway. That is a building which is located within about 6km from Limassol casino, easily accessible from the motorway, within only 4 minutes driving distance, within about 5,5 km from the Limassol Port district. The building was constructed in 2006 and it is kept at an excellent condition. The building enables a perfect office layout in the most flexible form for all kinds of requirements like cellular rooms, group and combined offices as well as open space offices, together with all secondary rooms needed. It consists of a basement area, a ground floor + mezzanine area plus 3 more floors. Total buildable area, about 1530m2. 11 lots in the secured gated underground car parking area, with 8 designated visitors’ parking lots. 4 lots on the ground floor parking area All the floors are rented at the moment by serious tenants. The annual income is about E162,000 and it can be increased the next 2 years. The yield is approximately 3.6% . The statement of the detailed summary about each floor with the rental income is available on our viewing. The selling price is not affected by vat charge. The interested buyer is given an option for a purchase of the Company shares instead. entered in August / 2020

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