Personal account Sign in and register
Post an ad

Ground floor showroom, neapolis, limassol

Limassol, Limassol - Neapolis
Posted: 21.11.2024 02:30 Ad ID: 5319959
Ground floor showroom, neapolis, limassol-1 Ground floor showroom, neapolis, limassol-2 Ground floor showroom, neapolis, limassol-3 Ground floor showroom, neapolis, limassol-4 Ground floor showroom, neapolis, limassol-5 Ground floor showroom, neapolis, limassol-6
  • Reference number: 1360
  • Area: 590 m²
  • Type: Shops, showrooms
  • Condition: Resale
  • Online viewing: Νο
  • Construction year: 2005
  • Energy Efficiency: A
  • Square meter price: €6.780 /m²
Translate to: Ελληνικα English Русский Deutsch
Show original

Presenting you this impassive showroom which is centrally located within Limassol Municipality, prominently positioned at the Agios Nicolaos roundabout within Maximos Plaza, a renowned business hub in the city. Known for its robust commercial returns, it enjoys proximity to the beachfront and all residential areas of Limassol, making it an attractive investment opportunity.

The ground floor showroom spans 590m², complemented by a 298m² mezzanine showroom and a 386m² basement showroom, totaling 1274m². Approved uses include showroom, restaurant, offices, and other commercial activities. Positioned in the heart of Limassol, it boasts a prime location with 12 parking spaces available.

Currently leased at €155,000 annually (€10/m² per month), with an allowable 8% increase every two years, the next adjustment scheduled for 01.04.2025. The termination clause mandates a 6-month notice before each automatic renewal every two years, also slated for 01.04.2025. Presently offering a 3.8% return on investment (ROI), the potential ROI could reach 7.6% under a conservative estimate of €20/m² per month.

Property Specifications:

- Ground Floor Show Room: 590m2

- Mezzanine Show Room: 298m2

- Basement Show Room: 386m2

- Total area: 1274m2

Price: €4.000.000 (No VAT)

Contact us for further details and to schedule a viewing of this magnificent shop!

Request information from seller
Your name*
Your phone*
Your email
Your message
Run a full technical and legal real estate check today

Similar ads



4.000.000
€6.780/m²
Call
+35XXXXXXXXX
Life Realty Cyprus Life Realty Cyprus
Verified account

Posting since feb, 2024

Other ads from this seller
Share
×

You need to pass document verification to proceed
Take a photo of document
Scan your face by camera
Pass document verification
After passing documents verification you will be able to create ads and contact sellers.
Your document verification is now being processed.
This usually takes up to 60 minutes.
After passing documents verification you will be able to create ads and contact sellers.
Error 400
Save your searches!
Push "Save search" button on a search result page
Check for updates in favorites section
Add ads to favorites
Push the star button and this ad will be in your favorites section, where you can easily look at it again!
This website uses cookies
We use cookies to improve your experience as a user and our services, analyzing the navigation on the website. Please review our Cookies Policy.