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Commercial property with rental income in Larnaca - Project № 43238

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Rostislav Bondar
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Object №43238
City: Larnaca
Area: Meneou
Total area: 856 m²
Storeys: 3
Windows: Sea and mountains view

Additionally:

Air conditioning: Yes
Heating: Yes
Parking: Yes
Conference hall: Yes
Reception: Yes
Payback: 20 years
IRR: 5%
ROI: 4,5%
2 600 000 EUR
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Description:

DOM Company offers you an investment opportunity to become the owner of a detached office building in Larnaca Meneou district.

The office building is new, just put into operation.

The building was occupied by a tenant in September 2021 with a contract for 5 years with an extension, the first two years of the contract are not terminated, after 2 years in October 2023 the lease increases annually by 5% per year.

The total area of the building is 856m2. The area of the first floor with a mezzanine is 442 m2, the area of the second floor is 362 m2, the terrace area is 52 m2.

Meneu is a developing area, which has seen a significant increase in tourism in recent years due to the opening of the new Larnaca International Airport, which is located just a kilometer from the project. The district is becoming a promising commercial center, meeting the growing needs of the service sector. This is a very sought-after project due to its privileged location, as it is located right by the sea, and at the same time it integrates with the rural character of Meneu. The building is located in close proximity to blue sandy beaches, 1 minute from the airport and 5 minutes from Larnaca with many stylish boutiques, cafes, bars, restaurants, supermarkets and shops. In general, the project is aimed at meeting the commercial needs of Meneu, as well as improving the residential lifestyle. In the immediate vicinity there is a main public road that leads directly to the Larnaca International Airport. The whole project covers luxury villas and apartments, commercial shops and offices, thus creating a small community within itself. There are also shared green areas and a shared tennis court.

DOM Company offers you an investment opportunity to become the owner of a detached office building in Larnaca Meneou district.

The office building is new, just put into operation.

The building was occupied by a tenant in September 2021 with a contract for 5 years with an extension, the first two years of the contract are not terminated, after 2 years in October 2023 the lease increases annually by 5% per year.

The total area of the building is 856m2. The area of the first floor with a mezzanine is 442 m2, the area of the second floor is 362 m2, the terrace area is 52 m2.

Meneu is a developing area, which has seen a significant increase in tourism in recent years due to the opening of the new Larnaca International Airport, which is located just a kilometer from the project. The district is becoming a promising commercial center, meeting the growing needs of the service sector. This is a very sought-after project due to its privileged location, as it is located right by the sea, and at the same time it integrates with the rural character of Meneu. The building is located in close proximity to blue sandy beaches, 1 minute from the airport and 5 minutes from Larnaca with many stylish boutiques, cafes, bars, restaurants, supermarkets and shops. In general, the project is aimed at meeting the commercial needs of Meneu, as well as improving the residential lifestyle. In the immediate vicinity there is a main public road that leads directly to the Larnaca International Airport. The whole project covers luxury villas and apartments, commercial shops and offices, thus creating a small community within itself. There are also shared green areas and a shared tennis court.

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Rostislav Bondar
Location:
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Компания «Dom Real Estate» Контакты:
Адрес: Demetri Psatha 24 4102 Limassol, Cyprus,
Телефон:+357 25 212 212, Электронная почта: info@dom.com.cy
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