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2077m² Building for Sale in Nicosia - Agios Ioannis, Limassol District

ID: 5766875
Posted: 3 months ago
Modified: 3 months ago

Brand New
2077m²
2026

€9 000 000
+ VAT

Price per m²

€4333/m²

VAT

Not Included in Price

VAT for this property is €1,619,003 (Reduced 5% rate) or €1,710,000 (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

Ref. #: 52775

Floor Division and Planning (by sq.m.):

Main (Offices) – 1417
Balconies – 350
Basement Floor –
Lobby Floor – 100
Machinery Floor – 250
Garden Floor – 310
Rooftop with Garden – 280
Approximately 30 Parking Space

Rental potential: 2 possible models:
First model – rental price: 35 euros per meter.
meters for rent We have a total of 1417 square meters of offices + 350 square meters of balconies + 100 square meters of lobby + 300 square meters of garden (5th floor) + 200 square meters of roof.
meters for rent – main area – 1417 meters + 50% of the area of balconies and gardens (not including parking).
350+100+300+200= 950(/2) = total meters considered for rent 1892 meters
1892X35= 66,220 per month
Annual = 794,640 euros
8.8% gross return (before taxes and before management)
Second model – rental price: 40 euros per meter.
350+100+300+200= 950(/2) = total meters considered for rent 1892 meters
1892X40=75,680 per month
Annual = 908,160 euros
10% gross return (before taxes and before managementBuilding sold as whole, all permisions are ready, construction started.Very close to Marina

Still have questions? Reach out to listing owner.

Is it still available? What is the internal area? How many floors does the building have in total? Does it have an air conditioning? What is the floor type? What is the maximum height of the property?

Minucipality: Nicosia - Agios Ioannis
District: Limassol

€9 000 000
+ VAT

Price per m²

€4333/m²

VAT

Not Included in Price

Title Transfer Fee

1st Class Homes

Agency
R.N.:690 L.N.:367/E

Sale: 7127 ads
Rent: 0 ads

+357 25 123-xxx

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2077m² Building for Sale in Nicosia - Agios Ioannis, Limassol District

Still have questions? Reach out to listing owner.

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