Investment Opportunity: Whole 5-Floor Office Building in Agios Ioannis, Limassol

€ 5,300,000 +VAT

Overview

  • Property ID
  • 153466
  • 824.50 m2

Description

This is an excellent investment opportunity to acquire an entire 5-floor office building located on a main, busy commercial road in the sought-after Agios Ioannis area of Limassol. The project is currently in the pre-construction phase, offering a modern, strategically located commercial asset with excellent access and parking provisions.

Project & Location Summary

 

Feature Detail
Location Agios Ioannis, Limassol (Main Commercial Road)
Building Type Whole 5-Floor Commercial Office Building
Accessibility Next to all kinds of amenities with easy access to the highway
Construction Start Q4 2025
Expected Completion Q4 2027
Parking 15 Allocated Covered Parking Spaces (3 per floor)

 

Floor Area Breakdown (Total Covered Area Calculation)

 

The building offers a total of 824.5 m² of covered area across its five floors, in addition to significant veranda space.

Floor Internal Area Covered Veranda Total Floor Covered Area Parking Spaces
1st Floor 177 m² 45 m² 222 m² 3
2nd Floor 177 m² 45 m² 222 m² 3
3rd Floor 177 m² 45 m² 222 m² 3
4th Floor 156 m² 34 m² 190 m² 3
5th Floor (Top) 122 m² 34 m² 156 m² 3
TOTALS 809 m² 203 m² 1,012 m² 15

Note on Total Covered Area:

  • Total Internal Area:
  • Total Covered Veranda Area:
  • Total Uncovered Veranda Area:

 

Investment Highlights

  • Prime Commercial Location: Situated in a high-traffic area, ensuring maximum visibility for tenants and easy client access.
  • Full Ownership Control: Purchasing the whole building provides complete autonomy over leasing, tenant mix, and future property management/upgrades.
  • New Development Advantage: Buying off-plan ensures a modern, high-specification building that meets all current building regulations and energy efficiency standards, minimizing immediate maintenance costs.
  • Excellent Parking Ratio: The provision of 15 covered parking spaces is a significant competitive advantage in Limassol’s urban areas.
  • Strategic Investment: Limassol’s office market is highly robust, particularly for new, well-located buildings, offering strong rental potential and capital appreciation by the expected completion date in Q4 2027.

City:
Country: Cyprus

Property Id: 153466
Price: € 5,300,000 +VAT
Property Size: 824.50 m2
Internal Area (Sq.m.): 809
Covered Veranda (Sq.m.): 203
Uncovered Veranda (Sq.m.): 153
Year of Construction: 2027

Other Features
Covered parking
Double glazing
Private complex

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