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Building
Agios Ioannis, Limassol

€9,500,000  ($10,807,675)

VAT Applicable not included in the price
FIRST CLASS HOMES

FIRST CLASS HOMES

Reg. No: 1256 | Lic. No: 258/E

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Compared currency flag Pay in USD and save up to $378,269

Average Bank Rate (€9,500,000)
1 USD = 0.8493 EUR
$11,185,943

Mid-market rate (€9,500,000)
1 USD = 0.8790 EUR
$10,807,675

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: 1678900 (52775)
  • Reception

Description

Floor Division and Planning (by sq.m.):Main (Offices) - 1417Balconies - 350Basement Floor -Lobby Floor - 100Machinery Floor - 250Garden Floor - 310Rooftop with Garden - 280Approximately 30 Parking SpaceRental potential: 2 possible models:First model - rental price: 35 euros per meter.meters for rent We have a total of 1417 square meters of offices + 350 square meters of balconies + 100 square meters of lobby + 300 square meters of garden (5th floor) + 200 square meters of roof.meters for rent - main area - 1417 meters + 50% of the area of balconies and gardens (not including parking).350+100+300+200= 950(/2) = total meters considered for rent 1892 meters1892X35= 66,220 per monthAnnual = 794,640 euros8.8% gross return (before taxes and before management)Second model - rental price: 40 euros per meter.350+100+300+200= 950(/2) = total meters considered for rent 1892 meters1892X40=75,680 per monthAnnual = 908,160 euros10% gross return (before taxes and before managementBuilding sold as whole, all permisions are ready, construction started.Very close to Marina

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