Commercial Building In Omonoia, Limassol

Description

This fabulous, newly refurbished, luxurious office building in the heart of Omonoia was designed and built to meet the requirements of demanding tenants. The building is located just off Omonoias Avenue by the New Port traffic lights, in proximity to the New Port and the City Centre which is situated just off two major road routes, providing easy access to any point within Limassol town or the highway network.
Work space is arranged around a central atrium and courtyard providing ample natural light throughout the day. The building consists of five levels including a basement, ground floor and three extra floors. The executive office on the third floor has a semi-obstructed sea view.

The Facilities include:
-Key card access and integrated intercom system
-Lobby with reception area served by two lifts and a central staircase
-Rear entrance with separate lift also available
-Double glazing windows with integrated blinds
-CAT 6 structured cabling (communication and networking)
-Server room incorporating security, fibre optics, A/C and fire fighting systems
-Fully fitted canteen on the 1st floor serving 125 persons at a time
-Upgraded in 2017 to the latest fire regulations as well as a complete redecoration of the outside and resurfacing of the roof
-Remote gated parking located on the ground floor providing 64 parking spaces (majority are covered) and 5 for guests
-W/C facilities separate for men and women on each level
-Private W/C in each executive office on each level
-Executive offices on each floor are served by a private lift with external access
-Central heating and Air-Conditioning throughout the building
-Built in furniture with a veneered finish
-Tiled carpet flooring and parquet throughout

Property Details
* For Sale
* Property Type: Building
* Property Subtype: Commercial
* Location: Limassol, Omonoia, Cyprus
* Internal Area: 3893sqm
* Price: €11,000,000
* VAT: N/A
* Loan Installment: €53,919

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:

Assumptions:

Closing Price: €11,000,000

Own Contribution (30%): €3,300,000

Loan Amount (70%): €7,700,000

Interest rate: 3.2%

Years of repayment: 15 years