Commercial Building For Sale Limassol
for sale in Limassol
Publish: 02 Mar 22, views: 415
Price: €2.800.000 (VAT included)
Covered area (sqm) | 725 sqm |
Listing ID: | 6737 |
Price | €2.800.000 (VAT included) |
Information from owner
For sale an elite contemporary commercial building in Limassol’s old town with another iconic development.
The award-winning architects and designers thoughtfully created a spacious building with five floors and a rooftop. This property is delivered with a top standard finishing, offering the best use of common spaces and stunning
individual offices for a productive and efficient work environment.
It is located in the centre of Limassol, an address that’s desirable by anyone.
It is right in the heart of Limassol town surrounded by retail shops, cafeterias, restaurants, law firms, banks etc
The building has been leased in its entirety for 15,000EUR monthly (or 180,000EUR per annum) for a period of 5 years (primary period) and the tenant has the option to renew the tenancy for an additional period of 5 years. Rent increases by 2.5% annually, hence year two monthly rent is 15,375EUR (184,500EUR p.a), year three - 15,760EUR (189,120EUR p.a), year four – 16,150EUR (193,800EUR p.a) and year five – 16,560EUR (198,720EUR p.a). Total rent received in the first five years 946,140EUR.
For sale an elite contemporary commercial building in Limassol’s old town with another iconic development.
The award-winning architects and designers thoughtfully created a spacious building with five floors and a rooftop. This property is delivered with a top standard finishing, offering the best use of common spaces and stunning
individual offices for a productive and efficient work environment.
It is located in the centre of Limassol, an address that’s desirable by anyone.
It is right in the heart of Limassol town surrounded by retail shops, cafeterias, restaurants, law firms, banks etc
The building has been leased in its entirety for 15,000EUR monthly (or 180,000EUR per annum) for a period of 5 years (primary period) and the tenant has the option to renew the tenancy for an additional period of 5 years. Rent increases by 2.5% annually, hence year two monthly rent is 15,375EUR (184,500EUR p.a), year three - 15,760EUR (189,120EUR p.a), year four – 16,150EUR (193,800EUR p.a) and year five – 16,560EUR (198,720EUR p.a). Total rent received in the first five years 946,140EUR.
Contact Name: SmartMove EK (Business Advertiser)
region: Limassol
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RELATED CLASSIFIEDS
TECH TOWER 3RD FLOOR OFFICE
€1.377.500
TECH TOWER 2ND FLOOR OFFICE
€1.254.000
TECH TOWER SHOWROOM
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TECH TOWER 4TH FLOOR OFFICE
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