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Offices for sale in a contemporary commercial-building complex in the attractive and dynamic Neapolis quarter of Limassol Municipality — next to the city centre's landmark Agios Nikolaos roundabout, in a corridor of modern office blocks and important public buildings. Strong income-producing asset.
The Building
- Premises situated on 6 floors
- Total area: 4,200 sqm
- Resale condition
- Sea views from upper floors
- Underground parking: 65 spaces
Building Systems
- Ventilation systems
- Conditioning system (full air-conditioning)
- Three stages of power-outage protection: UPS, small generator and large generator
- Access-control system
- Video-surveillance system
- Alarm system
- Fire-safety system
Income Profile (per seller)
- Current rent: €126,000 / month
- Based on 4,200 sqm at €30 / sqm
- Annual rent: €1,512,000
- Annual expenses: ~€30,000
- Net annual income: ~€1,482,000
- Indicative net yield: ≈6.44% on €23M
Investment Highlights
- Institutional-grade tenanted office asset in core Limassol business corridor
- Major systems already installed (UPS + generators, CCTV, access control)
- 65 underground parking spaces — premium for the area
- Sea views from upper floors enhance leasing appeal
- Adjacent to Agios Nikolaos roundabout and the Neapolis office cluster
Location
- Neapolis quarter, Limassol Municipality
- Next to the Agios Nikolaos roundabout