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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
Offers in the region of
460000 €460,000  ($492,039)
Shop
Limassol Municipality, Limassol
Offers in the region of

€460,000  ($492,039)

UNDER OFFER
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 $17,221

Average Bank Rate (€460,000)
1 USD = 0.9033 EUR
$509,260

Mid-market rate (€460,000)
1 USD = 0.9349 EUR
$492,039

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: 1324233 (altia2096)
  • Total covered area: 97 sqm

Description

A unique investment opportunity to either house a business enjoying high visibility from the busy commercial avenue or as investment property with a potential of a high yield return.

The property is a retail shop with a mezzanine primely located on the project known as "Agora Anexartisias", in the city center of Limassol. It enjoys a frontage of approx. 12m on Anexartisias avenue and approx. 18m frontage to the arcade.
It consists of a ground floor open-plan area of approx.97 sq.m, and a mezzanine open plan area, a kitchenette, a storage room and a toilet of approx 113 sq.m.

It is located at a short distance north of Spyrou Araouzoy Avenue (coastal road), approximately 130m from the beach, and approximately 570m south of Pendadromos.

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: 34.675979, 33.045740

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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
€828 ($885)
If buying on joint names
€828 ($885)
Transfer fees
If buying as an individual
€15,000 ($16,045)
If buying on joint names
€11,600 ($12,408)

Disclaimer - Property reference 1324233. 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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