Cyprus Real Estate Marketplace

1332m² Building for Sale in Limassol - Omonoia

  • Brand New
  • 1332m²
  • €2 700 000
  • + VAT
Price per m²
€2027/m²
VAT
Not Included in Price
VAT for this property is €470,432 (Reduced 5% rate) or €513,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Ref. #: VL21052
  • Plot area: 1150m²
  • Energy Efficiency: C
  • Total Number of Floors: 5

The property is a five storey mixed use building with a basement. It is strategically located on one of Limassol s most commercial roads Omonoia Avenue. The property offers great proximity to main commercial Avenues the Limassol city centre the Port of Limassol the highway as well as to various other amenities making its location a desirable one for property rental. Additionally thanks to a number of other projects in the area the Limassol Marina infrastructure projects the opening of the City of Dreams Mediterranean casino resort and the Limassol Greens Gold Resort this makes the area even more popular. The building consists of A basement which is used as an open space parking area with a total area of 850sqm. A ground floor shop with a covered area of 230sqm and a covered parking area of 198sqm. A mezzanine with an area of 119sqm. Access to the mezzanine is achieved via an internal staircase from the ground floor shop area. The 1st floor consists of four studio apartments. Each apartment consists of an open space living area bedroom with a kitchen and a bathroom. The studios have a total covered area of 155sqm 3sqm covered verandas and 31sqm uncovered verandas. The 2nd floor consists of two office spaces a 1 bedroom apartment and a 3 bedroom apartment. The floor is used as a unified office space with a covered area of 350sqm 6sqm covered and verandas 53sqm uncovered verandas. The 3rd floor consists of three office spaces with a covered area of 322sqm 2sqm covered verandas and 34sqm uncovered verandas. The 4th floor consists of seven studio apartments leased separately. It has a covered area of 275sqm and 38sqm of uncovered verandas. The whole building is leased and offers an attractive yield

  • Minucipality: Limassol - Omonoia
  • District: Limassol
  • €2 700 000
  • + VAT
Price per m²
€2027/m²
VAT
Not Included in Price
VAT for this property is €470,432 (Reduced 5% rate) or €513,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Agency
  • R.N.:693 L.N.:365/E
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