For Sale €1,750,000
€4,442 per sq.m.
Ref. No. B-103982
Resale
Limassol, Agios Spiridon
Building
Covered: 394m²
Plot: 787m²

For Sale Building in Agios Spiridon for €1,750,000

Great Opportunity for InvestmentCommercial building with yearly revenue 6%.The Building consists of 7 connected shops, which is currently being rented from a big company as one large shop. The internal area is 394sqm, plus 197sqm mezannine and another 690sqm for basement which can be used as a parking space for 17 cars or as a storage. As the land registry gives 100% density and allowance for 3 floors, new owner can build another 2 floors of total area apprx. 393sqm. There might be an opportunity, upon request to the government, a licence to be received for an extra floor. More parking space on the ground floor for another 6 cars (2cover and 4 uncovered). Plenty more parking space in front of the shop.For further information and to book a viewing you can contact the agent.
Air Conditioning
Covered Private parking
Uncovered Parking
VAT is not Applicable