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Building
Petrou kai Pavlou, Limassol

€7,900,000  ($9,175,218)

REMAX Cyprus

REMAX Cyprus

Reg. No: 758 / License No: 410/E

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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 $321,133

Average Bank Rate (€7,900,000)
1 USD = 0.8319 EUR
$9,496,350

Mid-market rate (€7,900,000)
1 USD = 0.8610 EUR
$9,175,218

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: 1502965 (480031017_1036)
  • Total covered area: 3562 sqm
  • Plot: 1890 sqm
  • City Center, Raised Floors, Near Shops, Air Conditioning, VRV Air Condition, Modern, Near Schools

Description

Welcome to an exceptional investment opportunity, a commercial building in the heart of the city center! This prime property sits on a plot of 1,890sqm, spanning 3,562 sqm total covered area, comprises two thriving commercial buildings that are currently leased, offering a robust 6.55% yield.

Situated in a bustling urban hub, the strategic location of this property ensures high visibility and accessibility for both tenants and customers. The building boasts modern architecture and efficient design, providing a professional and welcoming environment for businesses to thrive.

One of the standout features of this property are the 50 parking spaces available, catering to the convenience of both tenants and their clientele.

Furthermore, the buildings feature raised floors, a distinctive attribute that adds flexibility to the interior layout. This design element not only provides a contemporary aesthetic but also allows for easy installation and maintenance of utilities, meeting the diverse needs of modern businesses.

Whether you are an astute investor seeking a lucrative opportunity with a solid return on investment or a business looking to establish a presence in a prime city location, this property offers a compelling proposition.

Special Features:

- High rental yield of 6,55%
- Raised Floors
- 50 Parking Spaces
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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
€312,600 ($363,060)
If buying on joint names
€309,200 ($359,111)

Disclaimer - Property reference 1502965. 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.

670 properties SOLD in Petrou kai Pavlou and nearby areas! Get in touch with local agents who can sell your property fast at the best price!