For Sale : Building - Limassol - €1,600,000
Two-storey building in an excellent location in Apostle Petrou & Pavlou Quarter in Limassol Municipality. It is located on Archbishop Makariou III at a distance of 600 meters (approx.) southwest of Laniteio School.
The property is situated close to a plethora of amenities and services such as shops, restaurants, cafes, supermarkets etc. In addition, it enjoys excellent access to the Municipality center and the motorway.
The building comprises of two shops and an office on the ground floor and an apartment on the 1st floor. The area of the internal spaces is 290 sqm (approx.) and the 1st floor 165 sqm (approx.). The building is rented for €4100/month and a yield 3.2%.
The property falls within commercial zone Εβ2 which allows the construction of a six-storey commercial building.
The property is subject to a road widening of an area of 125 sqm (approx.).