MONTHLY RENT FOR ENTIRE BUILDING
€ 57,000 + VAT
Spyrou Kyprianou Avenue
Office Space
Plot Size: 1323m2
Total Build area: 2688m2
Available from February 2025
SELLING PRICE 11.000.000 € PLUS VAT
DESCRIPTION
is a landmark business centre, located in one of Limassol’s main commercial hub.
This outstanding building comprises of 6 floors of commercial office space, all of which are meticulously designed to reach the level of quality any high calibre business deserves and expects. Futher more, the floor to ceiling windows provide astonishing city and mountain views, complementing the open plan configuration
LOCATIONS
strategically Positioned the business center is located on Spyrou Kyprianou avenue, Kato Polemidia area, boasting close proximity to significant related infrastructures such as respectable business centres, banks and restaurants
GREAT WORKING
Designed to cater for today’s business needs, the building provides open spaces, giving a light and airy working environment, with floor to ceiling windows offering panoramic views across the city, thus providing stimulation of both creativity and productivity
Lobby, offices, Foyer: Wood ceiling and gypsum plasterboard ceiling, height from finished floor (raised floor) to suspended ceiling is approx. 2,60m.
The building entrance at Ground floor and basement parking place entrance are equipped with Access control / magnetic card system.
Generally: the building features a well-designed modern façade with generally top quality and high standard materials
Structural Glazing: Tempered, Sunguard Solar Control Royal Blue with Acoustic Membrane, Sound insulation: 41 dB
The basement garage area is equipped with a traffic control system including barriers. The entrance control is affected via remote controls.
High speed elevator Load capacity: 600kg/ 8 persons serving floors. Elevators are designed for use by disabled persons. Fire protection for 120 mins.
Load bearing structure is made of a Reinforced Concrete Frame with high yield steel reinforcement. Underground external walls of waterproof concrete, on a waterproof foundation slab with external diaphragm walls securing water protection. The superstructure consists of an in-situ reinforced concrete construction using flat floor slabs supported by reinforced walls and columns.
Centralized IP camera system at all building entrances, the garage entrance / exit, basement parking area and all the walking area around the building end up to the Reception Desk/ security check point on the ground floor. Ability of access through Internet to authorized persons.
Floor 1
COVERED AREA:
274m2 COVERED
BALCONY:55m2
COMMON AREA:40m2
TOTAL FLOOR AREA:369m2
Floors 2 & 3
COVERED AREA:274m2
COVERED BALCONY:55m2
COMMON AREA:40m2
TOTAL FLOOR AREA:369m2
Floor 4
COVERED AREA:276m2
COVERED BALCONY:55m2
COMMON AREA:40m2
TOTAL FLOOR AREA:369m2
Floor 5
COVERED AREA:275m2
COVERED BALCONY:61m2
COMMON AREA:40m2
TOTAL FLOOR AREA:375m2
TOTAL AREA 2688 SQ.M
BASEMENT PARKING SPACES 15
GROUND FLOOR PARKING SPACES 16
PROJECTED YEARLY RENTAL INCOME – ONE YEAR 684.000 EURO
INCOME YEAR TWO – 684.000 EURO
INCOME YEAR THREE – 718.200
INVESTMENT &YIELD
SELLING PRICE 11.000.000 Plus VAT
YIELD YEAR ONE 6.22%
YIELD YEAR TWO 6.22%
YIELD YEAR THREE 6.53%
YIELD YEAR FOUR 6.86%
YIELD YEAR FIVE 7.20%
COMPLETION IN DECEMBER 2024
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