Property ID:17496

€4,500,000

Type: Commercial
Size: 1,521 M2
n/a Bedroom(s)
0 Bathroom(s)
Street view

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Dena House

This commercial building is located on Leforos Agias Zonhs Street which is one the main avenues in Limassol. The building provides offices for rent and the annual income is 135,000 euro.

Basement 
  • 364.58 sq m covered area
  • 12 covered parking places 
Ground Floor & Media Floor – Shop
  • 155.49 sq m internal covered area (shop)  
  • 82.20 sq m media floor 
  • 80.56 sq m external covered area
  • 4 parking spaces are included in the external covered area 
  • 155.49 sq m internal covered area (shop) 
  • 4 parking spaces are included in the external uncovered area 
  • 25.91 sq m covered common area of the ground floor 
  • 25.91 sq m covered stair area of the media floor          
First Floor – Offices
  • 208.54 sq m internal covered area   
  • 27.36 sq m external covered area
  • 25.91 sq m covered common area
Second Floor – Offices
  • 208.54 sq m internal covered area  
  • 27.36 sq m external covered area
  • 25.91 sq m covered common area
Third Floor - Offices
  • 208 sq m internal covered area 
  • 27.36 sq m external covered area 
  • 25.91 sq m covered common area
Building facilities
  • Alarm system for each floor 
  • Security cameras for the entire building
  • Video camera at entrance area
  • Air conditioning system for each floor
  • Smoke detectors alarm for the entire building
  • Race floor
  • Partitions
  • Electrical and telephone connections
  • False ceiling
Renting contracts

Ground Floor Rental Price
  • Mamatoto  company - 2500 euro per month
  • 8% increase on price every two years 
  • Period of Contract: 10 year contract 
First & Second Floor Rental Price
  • Government  services - 5922 euro per month 
  • 8% increase on price every two years 
  • Period of Contract: 8 year contract (5 years remaining)
Third Floor Rental Price
  • AFX Capital Marker Ltd - 2640 euro per month
  • 10% increase on  price every two years 
  • Period of contract: they renew the contract every two years (4 years have been agreed so far)
Roof Rental Price
  • CYTA (Cyprus Telecommunications) - 3500 euro per year
  • 10% increase on price every two years 
  • Period  of contract: 10 year contract
There has never been a problem with the rentals as they all pay on time. The title deeds for the land are already in place and the title deeds for the building will be issued in 18 months time. 

The asking price for the building and land is 4,500,000 euro. 

Nearby Facilities

1.5 Km from City Centre

Property Google Map Location

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