The building is situated in a prime location within the commercial core of Limassol.
The immediate area consists mostly of commercial properties housing the offices of several companies. The wider area is well developed and consists of mixed-use properties including shops or showrooms on the ground floors and offices or flats on the upper floors.
The property sits on a plot of 588m² and is developed in 5 levels covering a total area of 1,155.5m² in addition to a 364.58m² Basement.
It comprises the following:
-BASEMENT of 364.58m² with 12 parking spaces
-GROUND FLOOR SHOP of 155.49m² Covered Area, 82.20m² Media Floor, 80.56m² External Covered Area and 51.82m² Common Area
-1ST to 3RD FLOOR OFFICES of 208.54m² Covered Area, 27.36m² External Covered Area and 25.91m² Common Area on each Floor.
Other Specifications
-Alarm system for each floor
-Security cameras for the whole building
-Monitoring of entrance area
-A/C - VRV System for each floor
-Smoke detectors alarm for the whole building
-Raised floor
-Partitions
-Electrical and telephone connections
-False ceiling.
The whole building is currently rented on a long term contract basis.
Nearby Amenities within 1 km
School
8
Hospital
11
Bank
19
Park
27
Shopping mall
10
Supermarket
24
Police
3
Transit station
13
Reference:
480031025-42-RC
Broker Reg No:
758
Listed:
19-01-2019
Licence ID:
410/E
Registration No:
758
Prices & Trends
This property costs 82.38% more than the average
Average price of Building in Limassol Municipality, Limassol, Cyprus is € 2,984.00 m2
Existing Price per square meter € 5,442.18 m2
This property with 5% yield will have annual return of
€ 160,000.00