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Commercial building in limassol

Limassol, Limassol - Omonia
Posted: 29.11.2021 16:25 Ad ID: 2632455
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  • Area: 1450 m²
  • Type: Building
  • Condition: Resale
  • Included: Parking
  • Postal code: 3050
  • Square meter price: €1.131 /m²
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The property is a commercial building situated in a prime area of Omonoia and Ayios Spyridonas in Limassol. It is located in Miltonos Road that has been established as one of the busiest streets in Limassol, where a mixed residential and commercial development can be observed and allow easy accessibility to very close to Limassol Port / Mall/ Casino/ etc.

The building has been constructed in 2011 with excellent quality materials and has a total land area 1.478 sqm. The property comprising 7 consolidated ground floor shops/showroom 250 sqm, 2 one bed apartment, 4 studio apartments and a basement 690 sqm.

All of the above are

- Completed & Tenanted

- Currently achieving 6.4% Yields

- Turn-key investment

Key characteristics:

Plot size: 787.5 sqm

Growth potential for further 2 floors

As far as the rates are concerned SD 1,00: 1, FP 0.50: 1, Area E6 and 3 floors and 13.50 meters high with ready drawings and building permit.

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Views: 669
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€1.640.000
€2.200.000 negotiable
€1.131/m²
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Pavlos

Posting since feb, 2017

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