Sb2883 city centre

Limassol district, Limassol — Historical Center
Posted: 27.09.2018 16:09 Ad ID: 1968130
  • Reference number: 62071
  • Condition Resale
  • Type Building

An interesting office building for sale, ideal for investors who seek a high return on their investment. The Grade A four storey energy efficient building of 1265 m2 is located in an avenue with high traffic exposure and due to the location the market value of the building will always be apprising. It was built 2 years ago and it's now rented to very reliable tenants with a return around 6.3%. Due to the future change of the building permit, an extra floor of 325 m2 can be added with a small investment of approximately €300.000 for construction works. After this the return on investment can go up to 7.6% as the extra floor will generate an income of €115.000 annually which i consider very high for Cyprus standards.

STELIOS CONSTANTINOU

Verified account

Posting since feb, 2017 Other ads from this seller

Agent reg. number: 444
Agent license no.: 249

Start chat

+35

show

Your email:

Message:

7.400.000 Verified account
Show phone
+35XXXXXXXXX

STELIOS CONSTANTINOU

Posting since feb, 2017

Other ads from this seller
×

Error 400
Save your searches!
Push "Save search" button on a search result page
Check for updates in favorites section
Add ads to favorites
Push the star button and this ad will be in your favorites section, where you can easily look at it again!