Modern commercial building, Germasogeia, Limassol

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Cyprus, Limassol
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399 m² — 1,006 m²
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ID CY8289

€3,190,000 — €7,050,000

399 m² • €7,007.95+ m²
Elena KozyrevaExpert on real estate and permanent residency by investment in Cyprus

Cost

Property cost

€3,190,000 — €7,050,000

Price for m²

€7,007.95 — €7,994.99

Purchase taxes

5,19% VAT

State fees

0,2%

Registration cost

1%

Distances

Sea 1.9 km
Infrastructure 100 m
Airport 64 km

Yield and management

Yield

5-7%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

This object is located in a busy Germasogeia area (the center of Limassol) close to all the necessary infrastructure. There are many office buildings with representative offices of various financial, legal, insurance and IT companies. This is a modern building with a unique design developed by leading European architects. There is a spacious covered parking on the territory. On the roof there is a garden with green spaces and a recreation area (166.7 sq. m). The covered balconies (133 - 195 sq. m) allow you to observe the panorama of the city.

The premises with a mezzanine on the floors "Ground 1,2,3" (399 - 517 sq. m.) and a spacious office space on the 1st floor (1006 sq. m.) are offered for sale. The "white box" finish will allow you to create interiors at your discretion, most effectively plan internal workspaces. The building will create the most productive business atmosphere, a platform for the development of international business. 

The building has an earthquake-resistant frame, natural stone flooring in common areas, ceramic tiles on the floor and walls in the bathrooms, high-quality plumbing from famous brands, an external raised floor with a ceramic countertop, high-quality kitchen cabinets and internal doors.

The significant advantages of the location include convenient access, proximity to transport interchanges and vital city infrastructure. All engineering of the business center is thought out from the point of view of multifunctionality of tasks, effective space planning and ergonomics. 

The EIB/KNX system is connected separately to all offices and shops (lighting, VRF, roller shutters). Particular attention is paid to security: an access control system is provided, as well as a video surveillance system at all entrances to the premises, adjacent territory, parking and lobby. The building has high-speed elevators with a waiting time of no more than 30 seconds. Panoramic glazing with sun protection is provided. The premises are accessible around the clock.

Project advantages: 

  • concierge services 
  • comfortable meeting rooms 
  • two-level parking (3,391 sq. m)
  •  storage room for materials 
  • canteen and coffee point (cafe) in each office 
  • spacious lobby with individual interior design 
  • parking access system with number plate recognition 
  • parking spaces for electric vehicles/bicycle parking for 20 bicycles

Real estate

Object type

Office, Retail

Object category

New

Object stage

Construction

Permits

Yes

Object completion date

January 2025

Design features

Ownership

Characteristics

Total area

399 m² — 1,006 m²

Number of storeys

7

Land area

Covered

Parking

Yes

Renovation

Standard

View

City, Road

Equipment

Central conditioning

Properties

Balcony
Elevator
Internet
Roof garden
TV
Pantry
Security
Concierge desk
Video entry system

Location

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