- €23 000 000
-
- €5476/m2
- 4200m²
- Pre-Owned
- SA29228
4200m² Building for Sale in Limassol - Neapolis
- ID: 10499712
- Posted: 4 weeks ago
- Modified: 4 weeks ago
- Pre-Owned
- 4200m²
- Sea view
Offices for sale in a contemporary commercial-building complex in the attractive and dynamic Neapolis quarter of Limassol Municipality — next to the city centre’s landmark Agios Nikolaos roundabout, in a corridor of modern office blocks and important public buildings. Strong income-producing asset.
The Building
– Premises situated on 6 floors
– Total area: 4,200 sqm
– Resale condition
– Sea views from upper floors
– Underground parking: 65 spaces
Building Systems
– Ventilation systems
– Conditioning system (full air-conditioning)
– Three stages of power-outage protection: UPS, small generator and large generator
– Access-control system
– Video-surveillance system
– Alarm system
– Fire-safety system
Income Profile (per seller)
– Current rent: €126,000 / month
– Based on 4,200 sqm at €30 / sqm
– Annual rent: €1,512,000
– Annual expenses: ~€30,000
– Net annual income: ~€1,482,000
– Indicative net yield: ≈6.44% on €23M
Investment Highlights
– Institutional-grade tenanted office asset in core Limassol business corridor
– Major systems already installed (UPS + generators, CCTV, access control)
– 65 underground parking spaces — premium for the area
– Sea views from upper floors enhance leasing appeal
– Adjacent to Agios Nikolaos roundabout and the Neapolis office cluster
Location
– Neapolis quarter, Limassol Municipality
– Next to the Agios Nikolaos roundabout
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