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Commercial Building
Ayia Napa, Famagusta

€8,000,000  ($9,309,752)

Dom Real Estate

Dom Real Estate

DOM Real Estate Agent reg. number: 397 License: 338/Ε

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BuySell Cyprus Real Estate offer on property will expire soon
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Compared currency flag Pay in USD and save up to $325,841

Average Bank Rate (€8,000,000)
1 USD = 0.8303 EUR
$9,635,593

Mid-market rate (€8,000,000)
1 USD = 0.8593 EUR
$9,309,752

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1811178 (152095)

Description

A 50% stake is available for purchase in a successful and well-established supermarket chain located in the Famagusta region of Cyprus. The chain comprises five fully operational stores, four of which are leased under long-term agreements with third parties. One store is situated in a commercial property of 1,250 m², located on one of the main streets in the center of Ayia Napa. This building is fully owned by the current shareholder and is included in the sale. The property also features ample customer parking. The supermarkets are strategically positioned in high-traffic locations, ensuring a steady flow of customers and consistent profitability. This investment offers two revenue streams: a share in the chain’s retail profits and rental income from the commercial property. Over the past four years, the return on investment (ROI) has ranged from 6.55% to 12.80%, with an average rate of 9.68%. The chain holds a significant share of the local food and retail market, offering investors a ready-to-run business model with the added value of income-generating real estate. This is an excellent opportunity for those seeking a reliable and profitable entry into the retail sector. Images are provided for illustrative purposes only. For further information, please contact us directly.Photos are provided for illustrative purposes only.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€316,600 ($368,433)
If buying on joint names
€313,200 ($364,477)

Disclaimer - Property reference 1811178. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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