Cyprus Real Estate Marketplace

1118m² Office for Sale in Limassol - Linopetra

  • Posted: 11 months ago
  • Modified: 1 month ago
  • Pre-Owned
  • 1118.54m²
  • Sea view
  • €5 902 760
  • ↑ €902 760 (18.06%)
  • Price per m² €5280/m2
  • Title Transfer Fee Yes

    Title transfer fee for this property is €232,710.40

Price History

  • Ref. #: B-111402
  • Parking: Yes, Uncovered  
  • Heating: Yes, Central Heating  
  • Furnishing: Unfurnished  
  • Air Conditioning: Yes
  • Safety and Security: Alarm
  • Roof Garden

For sale three offices in Zavos Kolonakiou Center of total covered area of 1118.54 square meters on top of Timoset furniture shop.   They have their own private entrance.  

It is very hard to find offices at Kolonakiou street which is the most commercial road in Limassol & secondly not possible to find for sale at only 4500 per square meter no vat).

There is no title deed yet as its in the process to issue and this is the reason the price is currently low subject to change at any time.

Once a title deed is issued the price will go minimum 7500 euros per square meter.

There is also a good yearly rental income.

The Offices will be emptied in May 2024 if any company wishes to purchase them for their own use.

a) Office 101 – Total area of 517.27 square meters. Total covered Area 495 square meters (Office area 432.35 square meters / common areas 63.52 & uncovered veranda 22.40. It includes 5 parking areas)
495.87 square meters x 4500 euros = Euros 2,231,415 euros
22.40 x 1350 euros = 30240 euros
5 parking x 8000 euros = 40,000
FOR SALE Total Euros 2,301,655

b) Office 102 – Total area of 447.54 square meters. Total covered Area: 391 square meters ( Office area 252.75 / covered verandah 138.54 square meters & uncovered verandah 56 square meters – It also includes two parking places)
252.75 square meters covered area x 4500 euros per sq. meter = 1,137,375
138.54 square meters covered verandah x 3150 per square meter = 436,400
56 square meters uncovered verandah x 1350 euros per square meter = 75,600
2 parking places x 8000 euros each = 16,000
FOR SALE Total: 1,649,375

c) Penthouse Office – Possibly one of the largest Penthouse verandah in Limassol of 599,80 square meters!!!.
Total area of 832.34 square meters. Total Covered Area 232.54 square meters,( Covered area 169.70 / common areas 32.50 / covered veranda 30.34 / uncovered veranda 599.80 square meters!!!
232.54 square meters covered area x 4500 euros = 1,046,430
30.34 square meters covered veranda x 3150 euros = 95,570
599.80 square meters uncovered veranda x 1350 euros = 809,730
FOR SALE Total: 1,951,730

TOTAL COVERED AREA IS: 1118.54 SQUARE METERS PLUS THE COVERED AND UNCOVERED VERANDAHS:

For sale ONLY 4500 euros per square meter on covered area (no vat) / 30% reduction on covered verandha & 70% reduction on verandas.

GRAND TOTAL PRICE FOR THE THREE OFFICES IS 5,902,760 EUROS

  • €5 902 760
  • ↑ €902 760 (18.06%)
  • Price per m² €5280/m2
  • Title Transfer Fee Yes

    Title transfer fee for this property is €232,710.40

Price History

  • Agency
  • R.N.:488 L.N.:344/E
0/5

0 of 5

Contact Seller Directly

Similar to 1118m² Office for Sale in Limassol - Linopetra

  • INDEX is the largest Real Estate marketplace in Cyprus. We strive to bring technology and data related to properties in one place.
  • Message Us

Support

© INDX Ltd. 2023 Registered in Cyprus with Registration number HE443934.

We are not a Real Estate agency and do not operate as an Agency.