Business Tower 8 Floors, CDB Limassol
- V0398CY
- Sale
- Office
Price: EUR 15,000,000
Luxury 8-floor office building in a prime location, in the Central Business District of Limassol - Agia Zoni.
The Total building area is 3,026 sq.m, consists of:
– Offices = 1,360 sq.m
– Common areas = 232 sq.m
– Ground + mechanical floors = 201 sq.m
– Roof garden = 184 sq.m
– Basement (3 levels) = 1,054 sq.m
– One office per floor (in Total 8 floors)
– Private verandas for each office
– Underground parking for 14 cars + 3 parking places on a Ground floor
– Roof garden with a bar and panoramic sea/city views
– 2 Elevators & 2 staircases
– “Shell and Core” finish
– Photovoltaic panels
- Energy efficiency A+
The building is 95% ready.
Note: The property is offered for sale via the sale of the company’s shares, whereby no VAT or Transfer fees become payable.
Various payment options can be accepted.
The asking price for rent in the area is €50-70/m² and the available rental area is 1600m², the estimated minimum yield is 6.4%
In addition to the sale, the building can also be offered for long-term lease with an indicative rental rate of €50 per sq.m, resulting in a total monthly rent of approximately €80,000 for the entire building. The minimum lease term is expected to be 5–10 years. Financial terms are flexible and subject to negotiation, with security to be provided either in the form of deposits or a bank guarantee to secure rental payments.
The building is currently in shell and core condition, making it particularly attractive for a tenant planning a long-term presence and wishing to tailor the space fully to their operational and branding needs. If an open-space layout is preferred, completion and handover can be achieved within approximately 2–3 months. Should the tenant require a fully fitted office with partitions, private offices and high-quality interior finishes in line with the original layout concept, a completion period of approximately 5–6 months will be required to carry out the internal works.
Reg. No.: 1315 | Lic. No.: 368/E
Proximities
- Shops
- Primary school
- Beach
- Town centre
- Hospital/clinic
- Middle school
- Airport
- Sea
- Highway
- University