Class A office in Limassol on a ten-year tenancy period

Located in Mesa Geitonia, the famous municipality of Limassol, this substantial four-floor building is available under a 10-year tenancy agreement.

The development is in a prime area amongst other reputable businesses, located near the city center. The building is ideally located with easy access to the highway.

The project is a low-risk investment comprising a ground-floor reception area with four floors of office spaces.

The building is energy efficient and is designed with sustainable materials and design processes. The use of PV panels in the exterior of the building keeps maintenance and overhead costs low.

A café and five conference rooms are a part of the fourth floor’s design, with a roof garden on the lower roof. The building includes furniture, fixtures, and fittings.

This ideal opportunity provides a total area of 1,660 sq.m., of which 707 sq.m. are office spaces.

INVESTMENT PROPOSAL 

The new owner of this project will receive rentals of €400,000 annually, giving a gross return of 5%. The VAT is fully reclaimable.

The total price of the property is €8,000,000.