Property for sale
Limassol, Cyprus
£8,450,942 *
[€10,000,000]
Full Description
EXCLUSIVE INVESTMENT OPPORTUNITY – INCOME-GENERATING COMMERCIAL PROPERTY IN LIMASSOL
At Buycyprus we are pleased to present a rare opportunity to acquire a high-quality commercial property in one of Limassol’s most established business districts. This prominent, multi-level commercial building is strategically positioned on a highly visible corner plot, surrounded by modern high-rises and mixed-use developments, underscoring its strong long-term value.
Investment Highlights:
Secure Income Stream: A portion of the property, including the ground floor, mezzanine, and part of the basement, is under lease to a well-established local institution.
Prime Commercial District: Located in a central and dynamic business zone of Limassol, benefiting from excellent visibility, accessibility, and proximity to key commercial amenities.
High Upside Potential: Significant value-add opportunity through the lease-up of currently vacant office floors.
Property Overview:
Structure: 7 Levels – Basement, Ground Floor with Mezzanine, and Five Upper Floors
Total Enclosed Area: Approx. 2,785 sq.m
Land Use: Commercial
Condition: Modern, well-maintained
Breakdown by Level:
Basement: 22 dedicated parking spaces and a secure strong room utilized by the bank.
Ground Floor (approx. 708 sq.m) & Mezzanine (approx. 290 sq.m)
– Reception, offices, kitchen, storage, ATMs, restrooms
– Currently leased to a major local bank
1st to 3rd Floors (each approx. 355 sq.m)
– Open-plan offices with ancillary spaces
– Vacant
4th Floor (approx. 510 sq.m)
– Larger layout with similar configuration
– Vacant
5th Floor (approx. 212 sq.m)
– Reception, boardrooms, offices, support areas
– Vacant
Summary:
This offering represents a compelling blend of stable existing income and future leasing potential, in a location that continues to see strong demand from commercial tenants. Ideal for investors seeking a core-plus strategy or institutional buyers aiming to establish a long-term presence in the Limassol market.
Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.
Limassol city center is a vibrant business hub and the commercial heart of the city, known for its dynamic blend of corporate activity, cultural landmarks, and modern lifestyle. It hosts a concentration of offices, financial institutions, law firms, and international companies, making it a key destination for professionals and entrepreneurs. Alongside its business focus, the center offers a lively urban experience with upscale shops, trendy cafes, fine dining, and entertainment options. Historic buildings and modern developments coexist, while its proximity to the seafront and Limassol Marina further enhances its appeal as a prime location for both work and leisure.
Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.
Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.
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