Office building, Limassol, Cyprus

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Office building, Limassol, Cyprus

4,500,000 €
3,750 € /m²
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  • Total area
    1,200 m²
  • Yield
    4.85%
Details
Property parameters
  • Total premises: 5
  • Number of parking lots: 11
  • 5-floor building
Financial performance
  • Annual income: 220,000 €
Tenants
  • Fully let
  • End of lease: 2024

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.

Financial performance

The annual income is 220,000 €.

The yield is 4.85%.

Tenants

The property is fuly let. The tenants are reputable local and international companies.

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.

All ads in the country: office buildings for sale in Cyprus.

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