We would like to present to you this mixed-use building located at the historical center. The building sits on a plot of 170 sqm and comprises a ground floor shop of 110sqm and an apartment on the first floor of 100sqm.
The apartment is currently rented with a high rental income and the shop is occupied by the owner. This property is ideal for investment purposes as the ROI is expected to be high due to the demand (and lack of availability) for such properties in the city center. It is especially ideal for office spaces as well.
Title deeds are issued and separate for each floor.
Density 120%
Coverage 70%
floors 2
Height 7m
Nearby Amenities within 1 km
School
8
Hospital
11
Bank
19
Park
27
Shopping mall
10
Supermarket
24
Police
3
Transit station
13
Reference:
480031025-245-RC
Broker Reg No:
758
Listed:
26-12-2022
Licence ID:
410/E
Registration No:
758
Prices & Trends
This property costs 51.87% less than the average
Average price of Building in Limassol Municipality, Limassol, Cyprus is € 6,111.00 m2
Existing Price per square meter € 2,941.18 m2
This property with 5% yield will have annual return of
€ 25,000.00