Cyprus Real Estate Marketplace

1292m² Building for Sale in Limassol - Mesa Geitonia

  • 5+
  • Pre-Owned
  • 1292m²
  • €3 000 000
Price per m²
€2322/m²
Title Transfer Fee
~€116,600
  • Ref. #: SA35975
  • Plot area: 736m²
  • Total Number of Floors: 3

Reference ID: #SA35975Price details: €3,000,000Property consists of a modern Commercial-Office 3 storey building, Mesa Geitonia, Limassol. This primely located building enjoys high visibility, excellent exposure and easy access to the major transport routes.The building is suitable for:(a) income-producing rental property. Since the Ground Floor + Mezzanine + part of the basement is rented to a major local bank. While the remaining 1st & 2nd floors remain vacant and available.(b) business headquarters for the 1st and 2nd floor while enjoying the rental income from a blue chip tenant from the GF.Key Features:- 3 Storey Commercial-Office Building partly vacant and partly rented to a blue chip tenant.-Ground Floor about(310 sq.m): currently operates as a bank branch, being open plan office spaces, kitchen, sanitary facilities. On the external there is approved parking area for 6 vehicles.-Mezzanine about(148 sq.m): part of the bank branch, being a secondary use area for the GF.-First Floor about(260 sq.m): separated into 3 offices, each one with a kitchen and sanitary facilities. All 3 offices are of similar size and about 80+ sq.m each.-Second Floor about(255 sq.m): separated into 3 offices, each one of which with a kitchen and sanitary facilities. All 3 offices are of similar size and about 80+ sq.m each.-Basement about(310 sq.m): 10 parking spaces, EAC meters room, about 73 sq.m being the utility basement of the branch.-Total Parking Spaces: 16 ( basement: 10 & GF: 6)-Additional Potential: Unutilized building density of about 90 sq.m for expansion or enhancements.-Property enjoys a Certificate of Final Approval.Total Enclosed Area is about:Primary use: 940 sq.mSecondary use: 48 sq.mBasement: 310 sq.mThe asset is located approximately 1.2km from A1 motorway, approximately 2.5km from Limassol city centre, the beach and B1 motorway.The property falls within Zone Εβ4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.

  • €3 000 000
Price per m²
€2322/m²
Title Transfer Fee
~€116,600
  • Agency
  • R.N.:1109 L.N.:317/E
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