Property 6397971

Melford tower, 7-storey commercial building, makarios ave, limassol

Limassol · EUR 9,500,000 · 6

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Summary

Price
EUR 9,500,000
Area
1,283 sqm
Bedrooms
-
Bathrooms
-
Condition
Resale
Furnishing
-
Parking
-
Floor
-
Energy
B
Company
-
Phone
+35796472519
Views
31
First seen
2026-04-10 10:00 UTC
Published
2026-05-04 08:10 UTC
Scraped
2026-04-10 10:00 UTC
Enriched
2026-05-03 21:01 UTC
Embedding
present
Beach dist
1.4 km
Coast dist
1.4 km
Last error
-
Askwire fetched
2026-05-03 21:02 UTC
Price vs market
β€”

Descriptions

Listing description

MELFORD TOWER β€” PRIME CLASS COMMERCIAL BUILDING Archbishop Makarios III Avenue, Limassol A rare opportunity to acquire a complete 7-storey Class B commercial building on Limassol's most prestigious business avenue. Melford Tower is a modern, fully completed office tower with ground-floor retail, underground parking, and an established tenant base generating immediate rental income. BUILDING OVERVIEW β€’ Building: Melford Tower β€’ Location: Archbishop Makarios III Avenue, Limassol β€” prime business district β€’ Year Built: 2012 β€’ Floors: 7 storeys + basement parking β€’ Plot Area: 583 mΒ² β€’ Total Covered Area: ~1,283 mΒ² β€’ Parking: 20 dedicated spaces (underground + ground level, ~720 mΒ²) β€’ Title Deed: Available, clean β€” no encumbrances β€’ Condition: Fully completed, operational, partially tenanted β€’ Energy Class: B FLOOR BREAKDOWN β€’ Basement: ~460 mΒ² β€” Underground parking (20 spaces) β€’ Ground + Mezzanine: 329 mΒ² (187 + 88 + 54 common) β€” Retail/showroom β€” TENANTED β€’ 1st Floor: 177 mΒ² (151 + 26 common) β€” Office β€” TENANTED β€’ 2nd Floor: 177 mΒ² (151 + 26 common) β€” Office β€” AVAILABLE from June 2026 β€’ 3rd Floor: 177 mΒ² (151 + 26 common) β€” Office β€” Owner-occupied β€’ 4th Floor: 177 mΒ² (151 + 26 common) β€” Office β€” TENANTED β€’ 5th Floor (Penthouse): 246 mΒ² (151 + 26 common + 69 veranda) β€” Office β€” TENANTED RENTAL INCOME Current Annual Rental Income: ~€198,000 (incl. VAT) Potential Annual Income (fully let): ~€288,000 (incl. VAT) Tenants include established companies with lease agreements valid until 2026–2029. Full tenancy schedule provided to qualified buyers. BUILDING SPECIFICATIONS β€’ Structure: Reinforced concrete, S500 European steel, earthquake-regulation compliant β€’ Facade: Modern aluminium curtain wall with double-glazed tinted glass β€’ Floors: Raised access floors with laminate parquet (offices), ceramic tiles (bathrooms), marble (common areas) β€’ Ceiling: Gypsum board false ceilings, 65 cm high β€’ A/C: Independent VRV air conditioning per floor (Daikin / Mitsubishi) β€’ Elevator: 8-person capacity (600 kg), stainless steel doors, marble floor β€’ Security: Central controlled access system + CCTV on all entrances β€’ Walls: Double hollow brick with 5 cm insulation layer (external), sound-insulated gypsum board (internal) LOCATION Melford Tower occupies a prime position on Archbishop Makarios III Avenue β€” Limassol's main commercial boulevard, surrounded by banks, professional offices, and government services. β€’ 5-minute drive to the seafront promenade β€’ 5-minute drive to the new Limassol Marina β€’ Walking distance to all major amenities β€’ 45 minutes to Larnaca International Airport β€’ 45 minutes to Paphos International Airport KEY INVESTMENT HIGHLIGHTS 1. PRIME LOCATION β€” Makarios Avenue frontage, maximum visibility and prestige 2. INCOME-PRODUCING β€” established tenants generating ~€198,000/year 3. UPSIDE POTENTIAL β€” 2 floors available for new tenants (+€90,000/year potential) 4. FULL BUILDING β€” rare opportunity to own an entire commercial tower 5. 20 PARKING SPACES β€” significant value-add in central Limassol 6. CLASS A SPEC β€” VRV A/C, raised floors, curtain wall, CCTV, elevator 7. CLEAN TITLE β€” no encumbrances, immediate transfer possible IDEAL FOR β€’ Investors seeking income-producing commercial real estate β€’ Companies looking for a prestigious headquarters with rental income β€’ Developers / funds building a commercial property portfolio in Limassol β€’ Architectural floor plans available upon request β€’ Viewing by appointment only β€’ Serious enquiries welcome β€” proof of funds required Reference: MLF-2026

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Recent tracked changes

When Field Old New
2026-05-02 11:00 UTC in_top true false
2026-04-27 10:30 UTC energy_efficiency 15 20
2026-04-22 10:30 UTC in_top false true

Raw payloads

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          "description": "MELFORD TOWER \u2014 PRIME CLASS COMMERCIAL BUILDING\r\n  Archbishop Makarios III Avenue, Limassol\r\n\r\n  A rare opportunity to acquire a complete 7-storey Class B commercial building on Limassol's most prestigious\r\n  business avenue.\r\n\r\n  Melford Tower is a modern, fully completed office tower with ground-floor retail, underground parking, and an\r\n  established tenant base generating immediate rental income.\r\n\r\n  BUILDING OVERVIEW\r\n\r\n  \u2022 Building: Melford Tower\r\n  \u2022 Location: Archbishop Makarios III Avenue, Limassol \u2014 prime business district\r\n  \u2022 Year Built: 2012\r\n  \u2022 Floors: 7 storeys + basement parking\r\n  \u2022 Plot Area: 583 m\u00b2\r\n  \u2022 Total Covered Area: ~1,283 m\u00b2 \r\n  \u2022 Parking: 20 dedicated spaces (underground + ground level, ~720 m\u00b2)\r\n  \u2022 Title Deed: Available, clean \u2014 no encumbrances\r\n  \u2022 Condition: Fully completed, operational, partially tenanted\r\n  \u2022 Energy Class: B\r\n\r\n  FLOOR BREAKDOWN\r\n\r\n  \u2022 Basement: ~460 m\u00b2 \u2014 Underground parking (20 spaces)\r\n  \u2022 Ground + Mezzanine: 329 m\u00b2 (187 + 88 + 54 common) \u2014 Retail/showroom \u2014 TENANTED\r\n  \u2022 1st Floor: 177 m\u00b2 (151 + 26 common) \u2014 Office \u2014 TENANTED\r\n  \u2022 2nd Floor: 177 m\u00b2 (151 + 26 common) \u2014 Office \u2014 AVAILABLE from June 2026\r\n  \u2022 3rd Floor: 177 m\u00b2 (151 + 26 common) \u2014 Office \u2014 Owner-occupied\r\n  \u2022 4th Floor: 177 m\u00b2 (151 + 26 common) \u2014 Office \u2014 TENANTED\r\n  \u2022 5th Floor (Penthouse): 246 m\u00b2 (151 + 26 common + 69 veranda) \u2014 Office \u2014 TENANTED\r\n\r\n  RENTAL INCOME\r\n\r\n  Current Annual Rental Income: ~\u20ac198,000 (incl. VAT)\r\n  Potential Annual Income (fully let): ~\u20ac288,000 (incl. VAT)\r\n\r\n  Tenants include established companies with lease agreements valid until 2026\u20132029. Full tenancy schedule\r\n  provided to qualified buyers.\r\n\r\n  BUILDING SPECIFICATIONS\r\n\r\n  \u2022 Structure: Reinforced concrete, S500 European steel, earthquake-regulation compliant\r\n  \u2022 Facade: Modern aluminium curtain wall with double-glazed tinted glass\r\n  \u2022 Floors: Raised access floors with laminate parquet (offices), ceramic tiles (bathrooms), marble (common\r\n  areas)\r\n  \u2022 Ceiling: Gypsum board false ceilings, 65 cm high\r\n  \u2022 A/C: Independent VRV air conditioning per floor (Daikin / Mitsubishi)\r\n  \u2022 Elevator: 8-person capacity (600 kg), stainless steel doors, marble floor\r\n  \u2022 Security: Central controlled access system + CCTV on all entrances\r\n  \u2022 Walls: Double hollow brick with 5 cm insulation layer (external), sound-insulated gypsum board (internal)\r\n\r\n  LOCATION\r\n\r\n  Melford Tower occupies a prime position on Archbishop Makarios III Avenue \u2014 Limassol's main commercial\r\n  boulevard, surrounded by banks, professional offices, and government services.\r\n\r\n  \u2022 5-minute drive to the seafront promenade\r\n  \u2022 5-minute drive to the new Limassol Marina\r\n  \u2022 Walking distance to all major amenities\r\n  \u2022 45 minutes to Larnaca International Airport\r\n  \u2022 45 minutes to Paphos International Airport\r\n\r\n  KEY INVESTMENT HIGHLIGHTS\r\n\r\n  1. PRIME LOCATION \u2014 Makarios Avenue frontage, maximum visibility and prestige\r\n  2. INCOME-PRODUCING \u2014 established tenants generating ~\u20ac198,000/year\r\n  3. UPSIDE POTENTIAL \u2014 2 floors available for new tenants (+\u20ac90,000/year potential)\r\n  4. FULL BUILDING \u2014 rare opportunity to own an entire commercial tower\r\n  5. 20 PARKING SPACES \u2014 significant value-add in central Limassol\r\n  6. CLASS A SPEC \u2014 VRV A/C, raised floors, curtain wall, CCTV, elevator\r\n  7. CLEAN TITLE \u2014 no encumbrances, immediate transfer possible\r\n\r\n  IDEAL FOR\r\n\r\n  \u2022 Investors seeking income-producing commercial real estate\r\n  \u2022 Companies looking for a prestigious headquarters with rental income\r\n  \u2022 Developers / funds building a commercial property portfolio in Limassol\r\n\r\n  \u2022 Architectural floor plans available upon request\r\n  \u2022 Viewing by appointment only\r\n  \u2022 Serious enquiries welcome \u2014 proof of funds required\r\n\r\n  Reference: MLF-2026",
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