Commercial Plot 3351 m²
Commercial development site with two adjacent plots and separate title deeds, located in the Agios Giannis area of Kato Polemidia, Limassol.
Key Facts
Total land area: 3,351 m²
Designed commercial scheme: approx. 4,100+ m² total usable areas
Internal rentable area: approx. 2,119 m²
Basement: ~833 m² (parking / storage)
Modern office building with roof garden & amenities
Permits and full design package already issued
Investment Highlights
Target rents: €40–€43 per m²
Estimated annual gross rent: ~€1.02m – €1.09m
Stabilised NOI: approx. €870k – €935k p.a.
Attractive yield profile for office investors or corporate HQ buyers
Purchase Structure Advantage
Share sale (company acquisition)
No VAT on acquisition
No Land Registry transfer fees
VAT reclaim inside the company (~€200,000)
This materially improves the buyer’s effective entry cost compared to a standard title transfer.
Price
Asking price: €3,500,000
Licensed Real Estate Agency
CREA Reg. No. 742 & CREA Lic. No. 378/E
CSC Zyprus Property Group LTD
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
Σχετικές αγγελίες
Zyprus Property Group LTD
Στο Bazaraki από Δεκ, 2023
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