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Building
Katholiki, Limassol

€16,000,000  ($18,279,990)

Blue Sky Houses

Blue Sky Houses

License Number: 819 Registration Number: 355/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 $639,800

Average Bank Rate (€16,000,000)
1 USD = 0.8457 EUR
$18,919,790

Mid-market rate (€16,000,000)
1 USD = 0.8753 EUR
$18,279,990

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: 8374994 (40810)

Description

This impressive 6-storey commercial building in the heart of Limassol offers a blend of modern amenities and strategic location, making it a premier investment opportunity. Spanning 4,000 sq. m. across a ground floor and six upper levels, the building was developed in stages between 1968 and 2000 and has undergone a comprehensive renovation from 2019 to 2023, bringing it up to contemporary standards with upgraded systems, stylish interiors, and energy-efficient features.
Key FeaturesSize: Total floor area of 4,000 sq. m., providing spacious, flexible units across six levels.Income-Generating: Currently fully leased, the property generates a robust monthly income of €70,000, making it an attractive asset with a reliable revenue stream.Renovation: Fully renovated over the last four years, the property benefits from modern interiors, updated infrastructure, and enhanced safety features that meet today’s commercial standards.Location & Investment AppealSituated in one of Limassol’s bustling commercial areas, this property enjoys high visibility and accessibility, ideal for attracting high-profile tenants across various industries. With established leasing contracts and a strong yield, this commercial building presents a solid, low-risk investment with strong returns, ready to become a cornerstone of any real estate portfolio.

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
€636,600 ($727,315)
If buying on joint names
€633,200 ($723,431)

Disclaimer - Property reference 8374994. 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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