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PROFITABLE INVESTMENT IN LIMASSOL BOTH TO RECEIVE A YEARLY INCOME FROM RENTS & SECONDLY TO INCREASE THEIR VALUE BY MINIMUM 70% WITHIN THE NEXT 3-4 YEARS!

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Publish: 26 Jul 23, views: 1050

Price:  €5.260.000

Suitable forOffices
Covered area (sqm)1118 sqm
Year2006
Toilets3+
Parking4+
Price €5.260.000
Information from owner
PROFITABLE INVESTMENT IN LIMASSOL BOTH TO RECEIVE A YEARLY INCOME FROM RENTS & SECONDLY TO INCREASE THEIR VALUE BY MINIMUM 70% WITHIN THE NEXT 3-4 YEARS!

For sale Three Super Deluxe Offices of total covered area of 1118.54 square meters.

They are situated on top of Timoset office furniture shop at Zavos Kolonakiou Centre at Kolonakiou Street.

There is a private entrance exclusively for the 3 offices. Two offices are on the same floor and the one is on top of them. They have expensive features and raise floors / italian partititions etc...

I believe firstly it is very hard to find offices at kolonakiou street for sale & secondly I don’t believe anyone will sell for 4000 per square meter & with no vat. Statistically this is the busiest road of Limassol

After issuing of title deed the price would be increased from 4000 to 7000 euros per square meter.

a) Office Number one: – Total area of 517.27 square meters. Total covered Area 495 square meters (Office area 432.35 square meters / common areas 63.52 & uncovered verandah 22.40. It includes 5 parking areas).

495.87 square meters x 4000 euros = Euros 1,983,480 euros
22.40 (uncovered verandah x 1200 euros = 26880 euros
5 parking x 7000 euros = 35,000
FOR SALE Grand Total Euros 2,045,360

b) OFFICE NUMBER TWO : Penthouse Office
Total area of 832.34 square meters.
Total Covered Area 232.54 square meters,

( Covered area 169.70 / common areas 32.50 / covered verandah 30.34 / uncovered verandah 599.80 square meters!!!!!!!. Maybe one of the Largest Penthouse in Limassol with unobstructed views).
232.54 square meters covered area x 4000 euros = 930,160
30.34 square meters covered verandah x 2800 euros = 84952
599.80 square meters uncovered verandah x 1200 euros = 719760
FOR SALE Grand Total: Euros 1,734,872

c) OFFICE NUMBER THREE – Total area of 447.54 square meters. Total covered Area: 391 square meters ( Office area 252.75 / covered verandah 138.54 square meters & uncovered verandah 56 square meters – It includes also two parking places)
252.75 square meters covered area x 4000 euros per sq. meter = 1,011,000
138.54 square meters covered verandah x 2800 per square meter = 387,912
56 square meters uncovered verandah x 1200 euros per square meter = 67200
2 parking places x 7000 euros each
FOR SALE Total: Euros 1,480,112

Total price for the three offices is 5,260,000 euros. NO VAT

 

Contact Name: Andreas  (Private Advertiser)

region: Limassol

This classified is no longer available.

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