Ref: 21859
Office, For Sale, Limassol
Description
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). nbsp; 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