Limassol area, Cyprus

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Limassol area, Cyprus
Price
€5,400,000
Offers in Excess of
Property Size
8,210 sq. m
Make an enquiry
For enquiries about this property please contact Alexis loannidis
€5,400,000
Key Features
  • Lease Term: signed in 2004, valid for 99 years
  • Lease Payment: €20,000 annually
  • Built: 2004
Description

The current owner is selling a warehouse with a photovoltaic (Net-tariff) system in place. The land is government-owned for which the company has a long lease agreement.

Warehouse rent: €350,000
Electricity production: €65,000
Lease Payments: (€20,000)
Combined Annual lncome: €395,00