Commercial building with a shop at the ground and mezzanine level plus a basement to be used as a store and 3 floors of office space, located on the highly commercial avenue in Limassol near to the junction leading to the new port.
Numerous parking spaces
Land area: 782 sq.m
The total covered area of the project is 1.515 sq.m
Selling Price: €2.100.000 /Annual Rental Income: €92.568
Annual Yield 4.12%
An investor may buy the owner company thus not paying transfer fees having considerable savings.
The retail store of the property is at present let to a Pet Shop since 2016 at a current rent of 2,500 euro per month.
The 1st floor is let to EZ Metals Overseas Ltd since 2012 at a current monthly rent of 1,650 euro.
2nd & 3rd floor is rented by X- Spot Markets Ltd since 2016 at a monthly rate of €1,512 euro per floor.