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Luxury commercial building

Limassol, Limassol - Agia Triada
Posted: 07.11.2024 11:42 Ad ID: 3926251
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Best Office Development Europe

5-star Mixed Use Architecture, Cyprus

5-star Office Development, Cyprus

This commercial building has one of the most prestigious and well-known addresses in all of Cyprus – right on Limassol’s Makarios III Avenue, located in central Limassol, just 1-min walk from Limassol central law courts and Ayios Nikolaos roundabout. The local district has an abundance of banks, government offices, clinics, stylish cafeterias, and quality retail outlets, and all this is simply a walk away from the beachfront.

Project information

The project was completed at the end of 2018.

Underground Levels- 1.340 sq.m (31 covered parking places( ground floor-7 covered, all other floors- 5 covered each + 4 disabled parking))

Plot area- 993 sq.m

Shops& Offices- Total covered 1.800sq.m:

Ground floor- Shop 510 sq.m

First floor- Office -305 sq.m

Second floor- Office- 320 sq.m

Third floor- Office-330 sq.m

Fourth floor- Office- 335 sq.m

Extra advantage- Roof Garden

Five spacious floors of luxury, each measuring 305 to 510 sq.m. of total space, can be divided and available to suit a variety of businesses, both in terms of sector, industry, and size. The ground floor with a mezzanine, with full frontage exposure, are ideal for banking, retail shops, showrooms, and customer service companies

The asking price reflects a rental yield of 5.35%, with an opportunity to increase even further upon the expiration of the lease according to the open market.

There will be no VAT applicable on sale

The final approval is obtained, waiting for the title deeds to be issued.

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€16.000.000
€8.889/m²
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C.Y. EXELAND LTD C.Y. EXELAND LTD
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Posting since may, 2017

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