Commercial property 2 077 m² in Ayios Ioannis, Cyprus

Ayios Ioannis, Cyprus, Limassol
$9,34M
$4,498/m²
;
ID: 3323615
Property ID on Realting
In CRM: 52775
ID of the ad on the website or in the company’s CRM
Last update: 07/01/2025

Location

  • Country
    Cyprus
  • Region
    Limassol District
  • City
    Limassol
  • Village
    Ayios Ioannis

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $4,498/m²
  • Total area
    Total area
    2 077 m²

Description

Floor Division and Planning (by sq.m.): Main (Offices) - 1417 Balconies - 350 Basement Floor - Lobby Floor - 100 Machinery Floor - 250 Garden Floor - 310 Rooftop with Garden - 280 Approximately 30 Parking Space Rental potential: 2 possible models: First model - rental price: 35 euros per meter. meters for rent We have a total of 1417 square meters of offices + 350 square meters of balconies + 100 square meters of lobby + 300 square meters of garden (5th floor) + 200 square meters of roof. meters for rent - main area - 1417 meters + 50% of the area of balconies and gardens (not including parking). 350+100+300+200= 950(/2) = total meters considered for rent 1892 meters 1892X35= 66,220 per month Annual = 794,640 euros 8.8% gross return (before taxes and before management) Second model - rental price: 40 euros per meter. 350+100+300+200= 950(/2) = total meters considered for rent 1892 meters 1892X40=75,680 per month Annual = 908,160 euros 10% gross return (before taxes and before managementBuilding sold as whole, all permisions are ready, construction started.Very close to Marina

Location on the map

Ayios Ioannis, Cyprus, Limassol
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