OFF PLAN OFFICE BUILDING INVESTMENT 8% ANNUAL RENTAL YIELD LIMASSOL CYPRUS

Limassol,

€3,600,000

 |  MLS # 426

Property Information

GREAT LOCATION TOWN BUSINESS CENTRE!

TOTAL COVERED AREA: 1428 m²

20 PARKING SPACES

PLOT: 576 m2

4 FLOORS PLUS ROOF GARDEN ON 5th FLOOR

Office demand especially for new modern and well located offices in Limassol is in great demand from local and overseas Companies. In fact demand is outstripping supply and office rentals are in the €15 – €30 per m2 and even higher for seafront offices!

FOR AN INVESTMENT FUND OR INVESTOR THE RENT INCOME IS EXPECTED….. AT BEST NO LESS THAN:

€23,000 monthly an annual rental yield of 8% !!! 

EVEN AT LESS FAVOURABLE MARKET CONDITIONS MINIMUM MONTHLY RENTAL INCOME EXPECTED:

€15,000 monthly an annual rental yield 5% – 6% !!!

This offer concerns a new off plan office building planned in contemporary design and located in one of the best locations in town in the same area with all major law firms and walking distance to the District Court and the beach!

The building has received all the applicable licences to commence construction and completion of project is expected within 18 months.

BUILDING SPECIFICATIONS:

Description

  • 4 floors of office space
  • Lobby area as a Concierge/reception
  • Basement for parking spaces, storages, and server rooms
  • Roof garden on the 5thfloor Covered / uncovered (Gym & BBQ area)

Advantages

  • Server room for every floor and a large common server
  • Solar Panel/Tank for every floor
  • Raised floors
  • Cooling Installation of VRV air conditioning Provisions (wall mounted).
  • Heating: Complete installation of electrical heating with wall panels.
  • Windows PVC with double glazed glass /Thermal series (Kommerling)
  • Horizontal shading louvers
  • Surveillance System Whole building external & internal common areas will be monitored &viewed from any smart device (provision only).
  • Fire Detectors
  • Door Intercom Doorbell with intercom camera system
  • Electrical opening gates

A great investment at a great location with a good rental yield!

For more information and viewing arrangements call with no obligation 7 days a week or email us anytime.

Tel: + (357) 99 66 66 88 Greek & English

Tel: + (357) 99 86 23 12 Russian

Viber & WhatsApp Calls accepted  

Price: 3,600,000 + Vat

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