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Mercury Group
For sale: commerce property in Cyprus, Limassol
- Cyprus, Limassol, Limassol Coastal road
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Property description
ID: CY-35-1-146872
- Cyprus, Limassol, Limassol Coastal road
Object type
Commerce property
Land area
530 m2
Area
566 m2
Category
For sale
Price per m2
€ 1 617
Price
€ 915 000
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For sale business of 566 sq.meters in Paphos. Three-storey mixed use building in Geroskipou, Paphos. The property concerns a three-storey mixed-use building in Geroskipou. It is located on Sotiri Papalazarou street, parallel to Archiepiskopou Makariou III avenue, 700m from Pafiako Stadium and about 900m from Geroskipou Town Hall. The property is situated in a plot with a total land area of 530sqm. It comprises of 7 units in total. A ground floor shop with mezzanine, two studio apartments in the mezzanine, two 2-bedroom apartments on the first floor and two 2-bedroom apartments on the second floor. The ground floor has total area of 186sqm and a mezzanine of 94sqm, which has been divided into two shops. There are two studio apartments on the mezzanine with 34sqm internal area each. They consist of an open plan area with as small kitchen and a separate bathroom. On the first floor there are two 2-bedroom apartments with internal area of 78sqm and 42sqm of uncovered verandas each. On the second floor of the property there are two 2-bedroom apartments with internal area of 78sqm and a covered veranda of 10sqm each. The immediate area of the property consists of mixed use, commercial and residential units. In close vicinity of the property, there are multiple amenities such as shops, supermarkets, offices, and schools. Separate Title Deeds exist for each unit. The property is currently occupied.
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Limassol, Limassol Coastal road
Object type
Commerce property
Land area
530 m2
Area
566 m2
Category
For sale
Price per m2
€ 1 617
Price
€ 915 000
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
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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.
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