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Building
Kapsalos, Limassol

€20,000,000  ($22,748,004)

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 $796,180

Average Bank Rate (€20,000,000)
1 USD = 0.8495 EUR
$23,544,185

Mid-market rate (€20,000,000)
1 USD = 0.8792 EUR
$22,748,004

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: 1795550 (57853)
  • Plot: 1408 sqm
  • Kitchen
  • Reception
  • Storage

Description

Prime Commercial Building on Makedonias Avenue, Limassol.Projected Possible ROI: ~6.7%Premium six-floor commercial building located on the prestigious avenue, the city's main business thoroughfare.This landmark property spans a total of 2,518 sq.m., comprising 2,418 sq.m. of internal space and 100 sq.m. of covered verandas, set on a generous 1,408 sq.m. plot.The building is modern, fully equipped, and offers open-plan offices and retail spaces, meticulously designed to meet the demands of Limassol’s high-yield rental market.Possible Rental Income BreakdownGround Floor (Retail): €22,000/month (€264,000/year)1st Floor: €19,500/month (€234,000/year)2nd Floor: €21,000/month (€252,000/year)3rd Floor: Mechanical Floor (non-rentable)4th Floor: €23,000/month (€276,000/year)5th Floor: €25,500/month (€306,000/year)Total Annual Rental Income: €1,332,000Key FeaturesStrategic city center location – minutes from the beach and key amenitiesHigh visibility and accessibility on a major commercial avenueState-of-the-art infrastructure and flexible open-plan layoutsExcellent rental yield with long-term tenant appealIdeal for investors seeking stable returns and long-term capital appreciationSituated in Limassol’s bustling business district, the building enjoys exceptional connectivity and convenience. The Makedonias Avenue area is rapidly developing, attracting multinational corporations, professionals, and expatriates, all seeking premium office space with minimal commuting hassle.

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