№ 2,438,401
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Investment project 2,077 m² in Agios Ioannis (Cyprus)

9,500,000 €
4,573 € /m²
  • Total area 2,077 m²
  • Yield —
  • Lease term —
  • Completion in 2028
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    Key project parameters
    Total area
    2,077 m²
    Number of parking lots
    30
    Floors
    8
    Completion in
    2028
    Project description

    Floor Division and Planning (by sq. m.): Main (Offices) — 1417 Balconies — 350 Basement Floor — Lobby Floor — 100 Machinery Floor — 250 Garden Floor — 310 Rooftop with Garden — 280 Approximately 30 Parking Space Rental potential: 2 possible models: First model — rental price: 35 euros per meter. meters for rent We have a total of 1417 square meters of offices + 350 square meters of balconies + 100 square meters of lobby + 300 square meters of garden (5th floor) + 200 square meters of roof. meters for rent — main area — 1417 meters + 50% of the area of balconies and gardens (not including parking). 350+100+300+200= 950(/2) = total meters considered for rent 1892 meters 1892X35= 66,220 per month Annual = 794,640 euros 8.8% gross return (before taxes and before management) Second model — rental price: 40 euros per meter. 350+100+300+200= 950(/2) = total meters considered for rent 1892 meters 1892X40=75,680 per month Annual = 908,160 euros 10% gross return (before taxes and before managementBuilding sold as whole, all permisions are ready, construction started. Very close to Marina

    Extra information
  • Garden

    Garden

  • Car parks

    Car parks

  • Tenants
    Agreement
    n/a
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    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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