You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
Reference ID: details: €4,700,000The property is located at a seafront position within the Kanika Enaerios Complex, a development that comprises residential apartments, the Odyssey Hotel, and a variety of established commercial premises. This semi-detached commercial building offers direct pedestrian access from the seafront promenade and enjoys a strategic location just a short drive from the city centre. It is also adjacent to public municipal parking and features gated entry into the complex.The building has a total internal area of 1,072m². With current market rental rates in the area at €30.00/m², the estimated annual rental value is €385,920. In comparison, the proposed sale price of €4,700,000 (€4,384/m²) yields a rental return of 8.2% before taxes.Fully Renovated in 2022Common Area Expenses : Approximately €600 per month
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.
Disclaimer - Property reference 1831255. 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.