Cyprus Real Estate Marketplace

394m² Building for Sale in Limassol - Agios Spyridon

  • Posted: 1 year ago
  • Modified: 3 months ago
  • Pre-Owned
  • 394m²
  • €1 650 000
Price per m²
€4188/m²
Title Transfer Fee
~€62,600
  • Ref. #: B-103982
  • Plot area: 787.5m²
  • Parking: Yes, Covered  
  • Heating: Yes, Central Heating  
  • Total Number of Floors: 1
  • Furnishing: Unfurnished  
  • Air Conditioning: Yes

Great Opportunity for InvestmentCommercial building with yearly revenue 6%.The Building consists of 7 connected shops, which is currently being rented from a big company as one large shop. The internal area is 394sqm, plus 197sqm mezannine and another 690sqm for basement which can be used as a parking space for 17 cars or as a storage. As the land registry gives 100% density and allowance for 3 floors, new owner can build another 2 floors of total area apprx. 393sqm. There might be an opportunity, upon request to the government, a licence to be received for an extra floor. More parking space on the ground floor for another 6 cars (2cover and 4 uncovered). Plenty more parking space in front of the shop.For further information and to book a viewing you can contact the agent.

  • €1 650 000
Price per m²
€4188/m²
Title Transfer Fee
~€62,600
  • Agency
  • R.N.:488 L.N.:344/E
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