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37

Luxury apartment complex for sale in Germasógeia, Cyprus

€ 5,902,800
1,118 m²

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Description

For sale building of three offices of total covered area of 1118.54 sq.m. on Kolonakiou street in Columbia area. They have their own private entrance.
There is also a good yearly rental income.
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)
495.87 square meters x 4500 euros = Euros 2,231,415 euros
22.40 x 1350 euros = 30240 euros
5 parking x 8000 euros = 40,000 euros
FOR SALE Total Euros 2,301,655 euros


b) Office 102 - Total area of 447.54 square meters. Total covered Area: 391 square meters ( Office area 252.75 / covered verandah 138.54 square meters & uncovered verandah 56 square meters - It also includes two parking places)
252.75 square meters covered area x 4500 euros per sq. meter = 1,137,375 euros
138.54 square meters covered verandah x 3150 per square meter = 436,400 euros
56 square meters uncovered verandah x 1350 euros per square meter = 75,600 euros
2 parking places x 8000 euros each = 16,000 euros
FOR SALE Total: 1,649,375 euros


c) Penthouse Office - Possibly one of the largest Penthouse verandah in Limassol of 599,80 square meters.
Total area of 832.34 square meters. Total Covered Area 232.54 square meters ( Covered area 169.70 sq.m / common areas 32.50sq.m / covered veranda 30.34sq.m / uncovered veranda 599.80 square meters.
232.54 square meters covered area x 4500 euros = 1,046,430 euros
30.34 square meters covered veranda x 3150 euros = 95,570 euros
599.80 square meters uncovered veranda x 1350 euros = 809,730 euros
FOR SALE Total: 1,951,730 euros

Total covered area is 1118.54 sq.m. plus covered and uncovered verandas.

For sale ONLY 4500 euros per square meter on covered area (no vat) / 30% reduction on covered verandas & 70% reduction on verandas.
There is no title deed yet as its in the process of issue and this is the reason the price is currently low subject to change at any time.
Once a title deed is issued the price will go minimum 7500 euros per square meter.

500

Details

Size
1,118 m²
Reference
EDI_8881

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Germasógeia - Limassol District

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Germasógeia - Limassol District