Description

Commercial building for sale, located in the most high end Avenue of Limassol - Makarios Avenue, close to all amenities and businesses.

The two-floor building was renovated in 2016, and comprises of shops on the ground floor and offices on the first floor.

The building is entitled to another 435m² of construction to be built on top.

The whole building is currently rented out and has an income of about €117.000 annually.

Plot area: 714m²

Indoor area: 850m²

RΟΙ: 5.2% with the potential to rise above 6% in the case where the 435m² will be developed.

Not entitled to VAT.

Contact info

Asset Real Estate

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