1107m² Building for Sale in Kato Polemidia, Limassol District

Kato Polemidia, Limassol district Posted 1 year ago Updated 3 months ago

5+Bathrooms

1,107 m²Covered area

560 m²Plot

Under ConstructionCondition

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Smart Assets Agency · R.N.:1109 L.N.:317/E 3,004 for sale

About this home

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Reference ID: #SA35085Price details: €5,500,000 +VATBusiness centre, located in one of commercial hub.This outstanding building comprises of 5 floors of commercial office space, all of which are meticulously designed to reach the level of quality any high calibre business deserves and expects.Futhermore, the floor to ceiling windows provide astonishingcity and mountain views, complementing the open plan configuration.Located on Kato Polemidia area, boasting close proximity to significant related infrastructures such as respectable business centres, banks and restaurants.Internal covered area: 828 sq.m.Common internal area: 110 sq.m.Covered veranda: 169 sq.m.Uncovered veranda: 100 sq.m.Projected Annual Rental Yield:6.90%PLUS V.A.T

Reference: SA35085
Property type: Building
Plot area: 560 m²
Total floors: 5

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€5,500,000

VAT at reduced 5%€940,664

Title transfer fee None

Estimated total€6,440,664

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

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

How the price compares

25% above
average

At €4,968/m² compared with an average €3,987/m² across 474 similar listings — building in Limassol.

Asking price per m²This home

Average €3,987 This home €4,968

€1,535€5,392€9,249

Location

Kato Polemidia, Limassol district

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Beaches

Schools

Roots Preschool0.3 km
7th Primary School Limassol0.3 km
Wood Wizards Limassol0.5 km
Modelpro school & agency0.5 km
School of Music Tonia Konstantinidou Polykarpou0.8 km

Shopping

Airports

Paphos International Airport48.0 km
Larnaca International Airport (LCA)57.9 km

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