The property is a ground-floor shop with a basement, located in Avgorou, Famagusta.
Explore this exceptional retail opportunity featuring an open-plan shop area on the ground floor, complemented by convenient access to a well-equipped basement. The basement includes two spacious storage rooms, an office, toilets, and parking for up to six cars, currently utilized as an additional storage area.
Access is seamless via a staircase, lift, or external concrete ramp.
The asset is currently leased under a secure 4-year contract expiring in September 2028.
The property provides an excellent RIO of 10,5% and benefits from a yearly rent increase of 2%, providing a reliable income stream for investors.
The property is situated in ‘Pafitou’ location, about 150m south of the center of the village and about 80m north of the village primary school, and about 150m north of the connecting road of Avgorou-Ormideia.
The property falls within Zone Κα6, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction.

Occupancy status: Rented
Landlot area: 932sqm
Frontage length: 20m
Total building size: 774sqm
Build year: 1995
Total floors:2
Elevators number:1

1st unit
Enclosed area size: 366sqm
Ground floor

2nd unit
Enclosed area size: 408sqm
Floor: Basement L1