Cyprus Real Estate Marketplace

780m² Office for Sale in Limassol District

  • Brand New
  • 780m²
  • €6 000 000
  • + VAT
Price per m²
€7692/m²
VAT
Not Included in Price
VAT for this property is €978,462 (Reduced 5% rate) or €1,140,000 (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. #: VL23614
  • Plot area: 723m²
  • Total Number of Floors: 2
  • Balcony

The property under consideration are state of the art design office space close to the beachfront Molos and the New Marina. It consists of 3 floors Ground floor Mezzanine and a small storage server room on the roof. It sits in one of the biggest continuous plots 720m2 in the town center core with a building co efficient of 240 and maximum 4 floor allowance without any town planning concessions. The maximum covered area permissible is no less than 1 728m2 720m2 x 2.4 . Currently the total covered area is 897m2 which leaves approximately another 800m2 of possible extension in another 2 floors. That is a great potential and a unique selling point for this asset. The offices are brand new and in pristine condition and they are structured as follows On the Ground floor Fire rated communal corridor of 72m2. Office space of 428m2. Pergola tent floor space of 105m2. Internal court yard of 100m2. On the Mezzanine level Fire rated communal staircase of 28m2. Office space of 341m2. On the 1st floor level Staircase Storage room server room of 28m2 As a whole the buiding can be rented for 38 000 VAT and consists of 769m2 of internal office space. 72m2 of fire rated communal entry exit corridor. 100m2 internal courtyard. 105m2 covered pergola. 28m2 staircase to the 1st floor roof area. 28m2 server storage room on the 1st floor roof area. Total area is 1 102m2.

  • District: Limassol
  • €6 000 000
  • + VAT
Price per m²
€7692/m²
VAT
Not Included in Price
VAT for this property is €978,462 (Reduced 5% rate) or €1,140,000 (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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