- Kato Polemidia Office building 4,500,000 €
- Basic parameters
- Photo
№ 2,253,418
Office building, Limassol, Cyprus
4,500,000 €
3,750 € /m²
- Total area 1,200 m²
- Yield 4.85%
- Cost in euros per m2 3,750 €
- Constructed —
Key project parameters
- Total area
- 1,200 m²
- Number of parking lots
- 11
- Floors
- 5
Project description
Office building near the central business area of Limassol.
Description
The 5-storey office building of 1,200 m² consists of 5 offices and retail spaces. The building is equipped with video surveillance system, fire alarm system and air conditioning.
There isn underground parking for 11 cars.
Extra information
Underground parking
Balcony or terrace
Tenants
- Agreement
- Yes
- End of lease
- 2024
The property is fuly let. The tenants are reputable local and international companies.
Financial performance
- Yield
- 4.85%
The annual income is 220,000 €.
The yield is 4.85%.
Location and nearby infrastructure
The property is located near the city center, the coast, the marina, and the highway.
- Main highway — 1.5 km
- Limassol Marina — 3 km
Limassol is the 2nd largest city in the country, a major economic, cultural and financial center.
The population of the city exceeds 280,000 people.
The sights of Limassol include: a historical museum located in a medieval castle, an archaeological museum, an art gallery, the ruins of the old city of Limosso, the Pilavakis mansion (where the city library is located).
Theatrical performances and music festivals take place in the Rialto Theater.
Once a year before the Lent a 10-day carnival takes place in Limassol.
The Wine Festival is held in the city park from the end of August to September.
More properties
If this ad doesn't suit you, have a look at the other office buildings for sale in Kato Polemidia.
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- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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