COMMERCIAL BUILDING FOR RENT OR FOR SALE

  • €11,000,000
  • €57,000/RENTAL PER MONTH
Featured COMMERCIAL RENT SALE COMMERCIAL BUILDING
COMMERCIAL BUILDING FOR RENT OR FOR SALE
  • €11,000,000
  • €57,000/RENTAL PER MONTH

Overview

Property ID: 512
  • COMMERCIAL BUILDING, COMMERCIAL
  • Property Type
  • 31
  • Parkings
  • 2688
  • 2024
  • Year Built

Description

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

Address

  • City Limassol
  • Area KATO POLEMIDIA
  • Country CYPRUS

Details

Updated on November 28, 2024 at 1:02 pm
  • Property ID: 512
  • Price: €11,000,000
  • Property Size: 2688
  • Parkings: 31
  • Year Built: 2024
  • Property Type: COMMERCIAL BUILDING, COMMERCIAL
  • Category: RENT, SALE, COMMERCIAL

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