Building in Agios Ioannis, Limassol

Description

Floor Division and Planning (by sq.m.): Main (Offices) - 1417 Balconies - 350 Basement Floor - Lobby Floor - 100 Machinery Floor - 250 Garden Floor - 310 Rooftop with Garden - 280 Approximately 30 Parking Space Rental potential: 2 possible models: First model - rental price: 35 euros per meter. meters for rent We have a total of 1417 square meters of offices + 350 square meters of balconies + 100 square meters of lobby + 300 square meters of garden (5th floor) + 200 square meters of roof. meters for rent - main area - 1417 meters + 50% of the area of balconies and gardens (not including parking). 350+100+300+200= 950(/2) = total meters considered for rent 1892 meters 1892X35= 66,220 per month Annual = 794,640 euros 8.8% gross return (before taxes and before management) Second model - rental price: 40 euros per meter. 350+100+300+200= 950(/2) = total meters considered for rent 1892 meters 1892X40=75,680 per month Annual = 908,160 euros 10% gross return (before taxes and before managementBuilding sold as whole, all permisions are ready, construction started.Very close to Marina