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Unique Opportunity Commercial Building In Maritime Business Hotspot For Sale

Limassol, Limassol District
Asking Price:
Over €5M
Sales Revenue:
Over €5M
Cash Flow:
€2,270,000

Strategically located in Limassol’s hotspot for maritime businesses and in close proximity to the New Port and Marina,casino, mall and easy access to highway, Octagon Complex is the perfect investment. The project’s objective is to meet the increased demand of office space in the area. This complex of elegant and modern commercial buildings will assist new and expanding businesses to operate with maximum efficiency. Cyprus being the 3rd largest ship-management party in European Union and with continuing growth in maritime businesses guarantees that Octagon Complex will attract enormous interest.

The following business options analysis provided here are based on current plans and characteristics (modification of the business center layout is possible and can be discussed with interested buyer). Both options can lead to obtaining of EU passport (Cyprus EU citizenship by investment).

Characteristics:
4 buildings
Possibility to invest in 1,2,3 or 4 buildings any combination

Octagon 1: 5800m2 covered areas - 150 parking places (1650m2 office + 85m2 ground floor office space + 288m2 veranda + 388m2 roof + 388m2 pilotis + 388m2 mechanical + 3000m2 basement) future office space 576m2.
Sale price 11 Million euro

Octagon 2: 4600m2 covered areas - 100 parking places (1350m2 office + 70m2 ground floor office space + 215m2 veranda + 315m2 roof + 315m2 pilotis + 315m2 mechanical + 2183m2 basement) future office space 426m2.
Sale price 9 Million euro

Octagon 3: 4600m2 covered areas - 100 parking places (1350m2 office + 70m2 ground floor office space + 215m2 veranda + 315m2 roof + 315m2 pilotis + 315m2 mechanical + 2183m2 basement) future office space 426m2.
Sale price 9 Million euro


Octagon 4: 4600m2 covered areas - 100 parking places (1350m2 office + 70m2 ground floor office space + 215m2 veranda + 315m2 roof + 315m2 pilotis + 315m2 mechanical + 2183m2 basement) future office space 426m2.
Sale price 9 Million euro


Investment analysis options (range of investment 9 Million Euro -38 Million Euro)
Option 1: Quick sale ROI 20%
Option 2: Market price sale ROI 30%
Option 3: Rent ROI 8%


For further information and specifications please contact the seller using the form on this page.

Property Information

Real Estate:

Real Property Included

Location:

Central street in busy area, maritime business hotspot, very close to New Port & Limassol marina, near shops, mall, banks, casino, easy access to city center and highway

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