€ 3 800 000
€ 2 137 / sqm
1778m2 Commercial property in Larnaca, Larnaka, Cyprus No. 39642
1 778 sq.m.
Square
Q4 1985
Completion date
Parameters
Property Description
Excellent Investment Property
A modern commercial building with a total area of 2,220 sq.m. is available for sale, offering an ideal investment opportunity with a net return of 7%. The entire building is fully leased to a reliable and reputable company, ensuring stable and secure rental income.
The property spans 5 floors and underwent a full renovation in 2022, including complete upgrades to all interior spaces and technical infrastructure. It features high-quality office areas, a roof garden, ground floor and basement levels, as well as ample parking spaces both at ground level and underground.
There are no VAT or transfer fees, making this a highly attractive investment from a tax perspective.
The asking price is very competitive, considering the property’s quality, high return, and long-term lease with a strong tenant.
Statistics
€ 3 329
Price per sq.m.
167
Quality of Life Index
54
Cost of Living Index
Choose a city for comparison
Parameters
Larnaca
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 818
Apartment (1 bedroom) Outside of Centre
€ 610
Apartment (3 bedrooms) in City Centre
€ 1 475
Apartment (3 bedrooms) Outside of Centre
€ 1 094
Buy Apartment Price
Price per square metre in the city centre
€ 3 329
Price per square metre outside the city centre
€ 1 780
Data are provided by Numbeo.com and are based on its users survey. Cyprus-Real.Estate can not guarantee the validity of these data.