Property for Sale: Investment (Mixed Use) in Agios Ioannis, Limassol | Key Realtor Cyprus
€500,000
For Sale
€4,500,000
A bank building with a Class AAA tenant.
There are 13,500 inhabitants in the city. The large university city of Neidelberg with 160,000 inhabitants is 10 kilometres away.
An S-Bahn line runs between the cities.
Following the merger of several branches, the bank has become the central bank of the region. The institution occupies a prime location in the city centre.
The bank building from 1997 is in excellent condition. The building is characterised by an expensive stone façade and an elaborate roof structure with a large proportion of glazing.
The building has 5 floors and a rentable area of 2,255 square meters.
At the time of sale, the bank will sign a new lease for 1,755.34 sqm for a 10-year renewable term.
The remaining 499.66 sqm on the upper floors will be leased to a solvent tenant.
Details on request after submission of LOI.
Highlights:
€500,000
€750,000