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Mercury Group
For sale: commerce property in Cyprus, Paphos
- Cyprus, Paphos, Paphos (center)
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Property description
ID: CY-35-1-87361
- Cyprus, Paphos, Paphos (center)
Object type
Commerce property
Year built
1985
Area
490 m2
Category
For sale
Price per m2
€ 2 041
Price
€ 1 000 000
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We offer for sale a business property of 490 sq.m on the island of Cyprus. The building consists of two storeys. The 1st floor consists of 1 shop (140 sq.m). The 2nd floor consists of 5 apartments,one-bedroom, two-bedroom and three-bedroom.License to build two more floors.The place on the 1st floor is currently rented out for business, and the apartments on the 2nd floor are currently rented.Thus the purchase of the premises is a profitable investment.
Basic parameters:
Year built:
1985
Floor:
-
Furnished:
Yes
Number of parking places:
1
Distances:
Distance to airport: 8 km
Distance to the sea: 1 km
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Paphos, Paphos (center)
Object type
Commerce property
Year built
1985
Area
490 m2
Category
For sale
Price per m2
€ 2 041
Price
€ 1 000 000
Currency calculator
From
To
What you should know, purchasing a property in Cyprus
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
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Total property cost:
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