€4,880,000
Ref. No. G7037
No VAT
Price per sq. m.: €1,106
Resale
Limassol
Limassol
Shop
Year Built: 2004
Covered: 4411m²
Plot Zone: Κα4
Building Density: 120%
Covering Factor: 50%
Max floors: 3
Max Height: 13m

For Sale : Shop - Limassol - €4,880,000

The property is a four-storey building on Pafou and Ploutarxou street, in Apostolos Andreas quarter, Limassol. Also, the property is located 80m west of Makarios Γ’ Avenue and lies approx. 500m west of the junction of Pafou and Omonoias Avenues. The building consists of one shop with internal area of 500sqm and 95sqm mezzanine and a kindergarden school with internal area of 545sqm and 530sqm mezzanine. 1st Floor: Internal area 439sqm and 676sqm uncovered verandas 2nd & 3rd Floor: Internal area 419sqm each floor 4th Floor: Internal area 419sqm Basement Total area 1,045sqm consisting of a storage room, a toilet for the disabled and 40 parking spaces. The property is let to tenants including a private school and a known retail brand with long term tenancy agreements in place. It is an ideal investment opportunity offering 6% return. The immediate area consists of commercial and residential developments. The property has recently undergone complete renovation and is built with good quality materials.
No VAT
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