Building in Kapsalos, Limassol

Description

Prime Commercial Building on Makedonias Avenue, Limassol. Projected Possible ROI: ~6.7% Premium six-floor commercial building located on the prestigious avenue, the city's main business thoroughfare. This landmark property spans a total of 2,518 sq.m., comprising 2,418 sq.m. of internal space and 100 sq.m. of covered verandas, set on a generous 1,408 sq.m. plot. The building is modern, fully equipped, and offers open-plan offices and retail spaces, meticulously designed to meet the demands of Limassol’s high-yield rental market. Possible Rental Income Breakdown Ground Floor (Retail): €22,000/month (€264,000/year) 1st Floor: €19,500/month (€234,000/year) 2nd Floor: €21,000/month (€252,000/year) 3rd Floor: Mechanical Floor (non-rentable) 4th Floor: €23,000/month (€276,000/year) 5th Floor: €25,500/month (€306,000/year) Total Annual Rental Income: €1,332,000 Key Features Strategic city center location – minutes from the beach and key amenities High visibility and accessibility on a major commercial avenue State-of-the-art infrastructure and flexible open-plan layouts Excellent rental yield with long-term tenant appeal Ideal for investors seeking stable returns and long-term capital appreciation Situated in Limassol’s bustling business district, the building enjoys exceptional connectivity and convenience. The Makedonias Avenue area is rapidly developing, attracting multinational corporations, professionals, and expatriates, all seeking premium office space with minimal commuting hassle.