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Building for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
Building for sale in Limassol Municipality, Limassol 3705 Limassol Municipality
Building
Limassol Municipality, Limassol
OFF THE MARKET
M.Residence

M.Residence

Registered & Licensed Real Estate Agent A.M. 791 A.A 363/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $105,615

Average Bank Rate (€2,800,000)
1 USD = 0.8965 EUR
$3,123,185

Mid-market rate (€2,800,000)
1 USD = 0.9279 EUR
$3,017,570

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: 936587 (4868)
  • Alarm System
  • Electric Shutters
  • High ceilings
  • Modern Architecture
  • Office
  • Roof Garden
  • Secret Lighting
  • Server room
  • Storage Room
  • Structured Cabling
  • Underfloor Heating
  • VRV – Air Condition

Description

This iconic commercial building brings a beautiful contemporary design to Limassol’s old town with direct access to restaurants, vibrant cafes, retail shops, commercial centres, banks etc.
The building has been leased in its entirety for 15,000 Euro monthly for a period of 5 years and the tenant has the option to renew the tenancy for an additional period of 5 years. Rent increases by 2.5% annually. That represents a 6.4% rental yield. The property is owned by an SPV, therefore the buyer will NOT bear any VAT or transfer fees, as the buyer can acquire the shares of the company.

Disclaimer - Property reference 936587. 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.

We SOLD 1212 properties in Limassol Municipality and nearby areas! We know our local area and we can sell your property in record time and for the best price.