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Ready 189 m² office with sea views in the centre

Limassol, CyprusID-CY07978Updated October 14

  • 189 m²Area
  • Commercial propertyType
  • ✓ City and sea views
  • ✓ Ready to work in
  • ✓ 2 underground parking spaces
  • ✓ Daikin VRV and server room
  • ✓ About 350 m to the sea
  • ✓ Resale, no VAT

About this property

A ready 189 m² office on the third floor of a modern business building in Agios Nikolaos, central Limassol. Panoramic windows with city and sea views, about 350 metres from the sea. The building is 200 metres from the Agios Fylaxeos junction, with direct access to the Nicosia and Paphos highways. The windows face north, so the office stays cool in summer. Fitted out and ready to work in: Italian raised floor, Daikin VRV air conditioning with fresh air, a server room, fire and temperature sensors, an alarm, high-speed internet, points for cameras and automation, double laminated glass for sound insulation and an Italian kitchen. Two spaces in the underground car park with remote-controlled access. The building is run by a professional management company. Furniture is not included. Resale: no VAT is charged on the purchase, which we confirm before the deal. We check the documents, area and layout before any deposit.

Property code
ID-CY07978
Property price
€1,300,000
Price per m²
€6,878
Area
189 m²
Status
Ready for a deal
Location
Cyprus, Limassol
Address
Disclosed at the deal stage

What it will really cost

The price of the property€1,300,000
The taxes and state fees on the transactionthe main part of the cost€46,800 - €78,000
The notary, the registration, the translations€11,700 - €19,500
The legal check and the legal work€19,500 - €32,500
Estimated total€1,378,000 - €1,430,000

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

How the price compares

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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€64,800
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.

Agreements and materials

Location

Limassol, Cyprus

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

City

Agios Fylaxeos junction
200 m
Sea and promenade
about 350 m
Access
The Agios Fylaxeos junction is 200 metres away: direct access to the Nicosia and Paphos highways and the airports.
Sea nearby
The sea and promenade are about 350 metres away, and the sea is visible from the office windows.
Stays cool
The windows face north, so the office does not overheat in summer.

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