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Business center with ready rental flow in Limassol Project №38173

38173
https://dom.com.cy/upload/uf/e16/xigcoktkkbjoeibm5hss422g0g74ud9t.jpg
1698
Additional:
Title deed
Furniture
Appliances
Air Conditioner
Heating
Parking
Storage
Elevator
Toilet
Staff room
Conference hall
Reception
Open plan space
Office equipment
Business license
Equipment
Description:

We suggest that you consider buying an office building with an existing annual rental flow.

The building was built and fully leased in November 2018.

The total area of the building is 9890 m2 - office space, showroom, shops, underground and aboveground parking.

The building is fully leased with a yield of 4.5% per annum.

The sale of the building is carried out through a change of ownership in the company, thus you do not pay 19% VAT (tax) and the commission for the change of ownership in the Land Committee.

The building is located in Limassol, Agios Athanasios district, one of the best commercial areas of Limassol, the main financial center of Cyprus. A three-minute drive from the sea and the highway connecting the main cities of the island and the airports of Paphos and Larnaca.

Rental yield per year is 1.5 million EUR + VAT.

You can raise the rental rate for tenants to extract more annual returns.

All additional building plans, detailed video presentation and audit from Price Waterhouse Cooper on request.

All offices are rented out by well-known international companies, which guarantees a stable and secure income to a potential investor.

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Object
№38173
City:
District:
Complex:
Developer:
Total area:
9820 m2
Indoor area:
6362 m2
Storey:
5
Year of construction:
11/2018
Distance to the sea:
1500 m
Payback:
22 years
ROI:
4,5%
34 000 000 EUR
3 462 EUR/m2
2026-01-14T03:58
38173
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