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Commercial Building
Faneromeni, Larnaca

€3,800,000  ($4,422,132)

KW Seven

KW Seven

Reg. No: 772 / Licensed No:366/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $154,775

Average Bank Rate (€3,800,000)
1 USD = 0.8303 EUR
$4,576,907

Mid-market rate (€3,800,000)
1 USD = 0.8593 EUR
$4,422,132

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1861463 (1536390)
  • Total covered area: 1778 sqm
  • Plot: 926 sqm
  • Energy Class: A

Description

Excellent Investment Property

A modern commercial building with a total area of 2,220 sq.m. is available for sale, offering an ideal investment opportunity with a net return of 7%. The entire building is fully leased to a reliable and reputable company, ensuring stable and secure rental income.

The property spans 5 floors and underwent a full renovation in 2022, including complete upgrades to all interior spaces and technical infrastructure. It features high-quality office areas, a roof garden, ground floor and basement levels, as well as ample parking spaces both at ground level and underground.

There are no VAT or transfer fees, making this a highly attractive investment from a tax perspective.

The asking price is very competitive, considering the property’s quality, high return, and long-term lease with a strong tenant.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€148,600 ($172,929)
If buying on joint names
€145,200 ($168,972)

Disclaimer - Property reference 1861463. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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