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Property 3101 Limassol / LIM-PAF-6560

For Sale Three Offices In Limassol

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For Sale • Deal

5,000,000€

Estimated Mortgage

/month

Community

Property Type

Office

District

Limassol

Property 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). 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 veranda 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 verandha & 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

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 3101 Limassol / LIM-PAF-6560
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

196,600 €

Transfer Fees Joint Names

193,200 €

Stamp Duty

9,908 €

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