- €5 500 000
-
- €3801/m2
- 1447m²
- 1990 and older
- 64890
1447m² Building for Sale in Limassol - Mesa Geitonia
- ID: 10965921
- Posted: 2 weeks ago
- Modified: 2 weeks ago
- 1447m²
- 1990 and older
Project / building with a very popular location on a main avenue in Mesa Gitonia area. Located in the middle of Limassol and at the same time has very easy access to the Highway and to all amenities (Kiosk, Supermarkets, Bank, Shops, Bus Station, Food etc)!
The project consists of:
The existing older commercial building which needs renovation, with Total Covered area: 1447m2, consist of 3 Levels (Basement, Ground Level and 1st Level),
Plans and permit application for additional 3 New Office floors + Roof Garden Level, according to the available Density of Total Covered area: 1291m2
The Land of 1548m2 which is Connected right behind the Building, which can be used for extra parking spaces for the offices etc
After completion of the project of the new commercial office building, according to studies the Project will offer an attractive High Return on Investment :
– in case of sale of the Offices, the profit is estimated of up to 40% from the sales.
– in case of Rent of the Offices, the Return on Investment is estimated at about: 9,3% – 10,2%
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