An excellent investment opportunity in the vibrant area of Neapoli, Limassol, offering immediate and stable rental income. This well-maintained commercial property includes a ground-floor shop and a separate mezzanine studio, creating two independent rental streams in a prime central location.

The ground-floor retail shop is currently rented for €950 per month under an active 4-year lease agreement. The contract includes a 10% rental increase every two years, providing investors with predictable income growth over time.

Above the shop, the mezzanine level has been converted into a studio, which is separately rented for €750 per month. The studio has its own private entrance, ensuring privacy and convenience for tenants. The lease also allows for annual rental increases, further enhancing the property's long-term income potential.

The property is located in the highly desirable Neapoli area of Limassol, a lively district known for its mix of residential buildings, offices, and retail businesses. This creates strong foot traffic and consistent demand for both commercial and residential rentals.

Additionally, the property benefits from easy access to the main highway and is within walking distance of cafes, supermarkets, banks, schools, and other daily amenities, making it an attractive location for tenants and businesses alike.

With two income-generating units, a central location, and built-in rental increases, this property represents a smart and secure investment in one of Limassol’s most active commercial areas.

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What type of property is this?

This is a mixed-use investment property consisting of a ground-floor retail shop and a mezzanine studio, both currently rented and generating income.

What is the current rental income?

The property currently generates:

€950/month from the ground-floor shop

€750/month from the mezzanine studio

Total current rental income: €1,700 per month.

Is there a rental contract in place?

Yes. The shop has a signed lease agreement for the next 4 years, providing secure and predictable income.

Are there rent increases included in the contracts?

Yes.

The shop rent increases by 10% every 2 years according to the lease agreement.

The studio allows for annual rent increases, offering additional income growth potential.

Does the mezzanine studio have a separate entrance?

Yes. The studio has its own private entrance, making it completely independent from the shop.

Where is the property located?

The property is located in Neapoli, Limassol, one of the city’s most popular and active areas with strong commercial and residential demand.

Is this property suitable for investors?

Yes. With two rental units, existing tenants, and built-in rent increases, the property offers immediate income and long-term investment potential.

What amenities are nearby?

The property is within walking distance of cafes, restaurants, banks, supermarkets, and schools, and also offers quick access to the main highway.