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Commercial property in Limassol

Limassol, CyprusID-CY13891Updated August 13

  • 1227 m²Area
  • Commercial propertyNew build

About this property

Commercial property · 1227 m² in Limassol. A partner-listed property: documents and details are verified before the viewing.

Property code
ID-CY13891
Property price
€1,590,000
Price per m²
€1,296
Area
1227 m²
Status
New build
Location
Cyprus, Limassol
Address
Disclosed at the deal stage

What it will really cost

The price of the property€1,590,000
The taxes and state fees on the transactionthe main part of the cost€57,240 - €95,400
The notary, the registration, the translations€14,310 - €23,850
The legal check and the legal work€23,850 - €39,750
Estimated total€1,685,400 - €1,749,000

An estimate by the market range. We count the exact sum for this property before the deposit.

How the price compares

See how this price compares

We compared the price per m² with 25 similar properties in Cyprus. Sign in to see where it lands.

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Calculated on this property price

Rental yield

Long-term rental market in the country: 4.5-6.5% a year before costs.

Net yield4%
Gross yield5%
Rent per year€79,800
Payback≈ 25 years

An estimate, not a promise of income. Tax on rental income depends on your country of tax residence and is not included. We give the rent for this property after the checks, marking what is fact and what is forecast.

Residency through the purchase

Program
Cyprus permanent residency
Family
PR for the family with no permanent-stay requirement
Residence
A new home from a developer from €300,000 + VAT qualifies
Travel
The status is valid while you own the property
Minimum investment threshold of the program
€300,000
This property
A new build from the developer — qualifies for Cyprus permanent residency (EUR 300,000 threshold)
How the program works →

Agreements and materials

Location

Limassol, Cyprus

The map shows the area. The exact address is given at the deal stage.

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Property due diligenceTitle, encumbrances, permits and the seller - in a written report.Purchase costs guideTaxes, notary and fees on top of the price, by country.

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