Buy Commercial, €5,000,000
🇨🇾 Cyprus, Limassol District (Leymasun), Yermasoyia, Limassol
Deal Information
Type
Sell
Price
€5,000,000
Price Type
Full Price
About Mortgage
Mortgage Payment
€24,744/mon.
Salary
€49,488/mon.
About Investment
Income
2.76%/year
Payback
36 year 3 month
Monthly price
€11,500/mon.
Mortgage
Down Payment
EUR
0%
20%
30%
60%
Interest Rate
  %year
Amount
EUR
Term
  year(s)
Total
€17,115.6/mon.
Overpayment €275,829.79
Description
For sale three offices of total covered area of 1118.54 square meters on top of Timoset furniture shop.   They have their own private entrance.   It is very hard to find offices at Kolonakiou street which is the most commercial road in Limassol & secondly not possible to find for sale at only   4000 per square meter no vat). nbsp; There is no title deed yet as its in the process to issue and this is the reason the price is low. Once a title deed the price will go minimum 7000 euros per square meter.  There is also a yearly income of almost 200,000 euros a) Office 101 – Total area of 517.27 square meters.  Total covered Area 495 square meters (Office area 432.35 square meters  / common areas 63.52 & uncovered veranda 22.40. It includes 5 parking areas)   (OFFICE RENT 9500 EUROS) 495.87 square meters  x 4000 euros = Euros 1,983,480 euros 22.40 x 1200 euros = 26880 euros 5 parking x 7000 euros = 35,000 FOR SALE Grand Total 2,045,360     b) Penthouse for office area – Total area of 832.34 square meters. Total Covered Area 232.54 square meters,( Covered area 169.70 / common areas 32.50 / covered veranda 30.34 / uncovered veranda 599.80 square meters!!!!!!!.    Maybe one of the Largest Penthouse in Limassol with unobstructed views).    232.54 square meters covered area x 4000 euros = 930,160 30.34 square meters covered veranda x 2800 euros = 84952 599.80 square meters uncovered veranda x 1200 euros = 719760     FOR SALE Grand Total: 1,734,872    c)   Office  – Total area of 447.54 square meters. Total covered Area: 391 square meters ( Office area  252.75 / covered verandah 138.54 square meters & uncovered veranda 56 square meters – It also includes two parking places)  (OFFICE RENT 4500 Euros)  TOTAL COVERED AREA IS: 1118.54 SQUARE METERS :    For sale 4000 euros per square meter on covered area (no vat)  / 30% reduction on covered veranda & 70% reduction on verandas -  252.75 square meters covered area x 4000 euros per sq. meter = 1,011,000 138.54 square meters covered veranda x 2800 per square meter = 387,912 56 square meters uncovered veranda x 1200 euros per square meter = 67200 2 parking places x 7000 euros each   FOR SALE Total: 1,480,112 Total price for the three offices is 5,260,344 euros.  All three offices will be sold for 5,000,000 euros
Nearby Brands
Pizza Hut 971 m
 
 
€5,000,000
Price Full Price
Fox Realty: Limassol Griva Digeni
Fox Limassol Griva Digeni ID 46
Show phone
Ref: O-111406 Cyprus, Limassol
Price and availability information updated 1/9/25
 
€5,000,000 Full Price
2.76%/year
M-SQ
36 years
€11,500 in month
-15%
Commercial
Yermasoyia • Cyprus, Limassol
🔎 Search real estate Cyprus
Find your perfect property with ease. For life and investment.
🌎 Countries
Explore real estate opportunities worldwide.
🗺️ Regions
Explore real estate opportunities inner regions.
💻 Add ad
To sell or rent your property faster. Post your ad for free.
🟥 M-SQ Cyprus
Real estate investment website M-SQ. Our mission is to help you understand real estate investments and market.
🙋‍♂️ Join us
Start with the simplest thing, create your account.
João, Maria, Tiago, and AnaJoão, Maria, Tiago, and AnaJoão, Maria, Tiago, and AnaJoão, Maria, Tiago, and Ana
We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.