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

Nicosia - Agios Ioannis, Limassol district Posted 2 years ago Updated 3 months ago

2,077 m²Covered area

Under ConstructionCondition

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1st Class Homes Agency · R.N.:690 L.N.:367/E 6,689 for sale

About this home

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

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Reference: 52775
Property type: Building
Construction year: 2028

What it will really cost

Is this your first home in Cyprus?Reduced 5% VAT applies to the first 150 m² of your main residence.

Asking price€9,500,000

VAT at reduced 5%€1,708,948

Title transfer fee None

Estimated total€11,208,948

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

Price historyListed 8 Jan 2025 · 1 price change

€500,000 since listed

31 Jan 2026 €9,500,000 €500,000
8 Jan 2025 €9,000,000 Listed

How the price compares

14% above
average

At €4,574/m² compared with an average €3,997/m² across 460 similar listings — building in Limassol.

Asking price per m²This home

Average €3,997 This home €4,574

€1,500€5,537€9,573

Location

Nicosia - Agios Ioannis, Limassol district

Approximate area — ask the agency for the exact address Open in Maps

Around Limassol

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