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Shop for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
Shop for sale in Limassol Municipality, Limassol 3947 Limassol Municipality
Shop
Limassol Municipality, Limassol
OFF THE MARKET
Bank Owned Property

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $61,772

Average Bank Rate (€1,650,000)
1 USD = 0.9033 EUR
$1,826,695

Mid-market rate (€1,650,000)
1 USD = 0.9349 EUR
$1,764,923

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: 1162147 (altia1184)
  • Total covered area: 185 sqm

Description

INCOME PRODUCING PROPERTY WITH APPROX. R.O.I : 6,53%

The property is a ground floor shop with a mezanine facing Anexartisias Avenue Limassol. The shop is long term leased to a famous coffee brand chain, constituting a prime income producing investment asset.

The ground floor is comprised of double doors (main entrance), an open plan area for service with counters / kitchenette and a customer's seating area , 1 wc for handicapped , 1 kitchen / preparation room for the staff with access to the back and seating area for patrons externally. There is a staircase leading to the mezzanine, which is comprised of a passageway with view of the ground floor, 2 toilets for women, 2 toilets for men, 1 storage room for equipment, 1 wc for staff, 1 storage room for food (perishables) and 1 storage room for drinks. It has the exclusive right of use of 4 covered parking spaces numbers 2,3,4 and 5.

The property falls within Zone Πα4, with a building coefficient of 240%, coverage of 70%, and permission for 4 floors (17m) of construction.

GPS coordinates: 34.680260, 33.043302

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Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€3,208 ($3,431)
If buying on joint names
€3,208 ($3,431)
Transfer fees
If buying as an individual
€62,600 ($66,960)
If buying on joint names
€59,200 ($63,323)

Disclaimer - Property reference 1162147. 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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