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