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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-35-1-155970
- Cyprus, Limassol, Limassol Coastal road
Object type
Commerce property
Land area
3040 m2
Area
624 m2
Category
For sale
Price per m2
€ 1 346
Price
€ 840 000
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For sale business of 624 sq.meters in Limassol. Incomplete mixed-use building in Zanakia, Limassol. The property is an incomplete mixed-use building in Souni-Zanakia. It is situated on Antoniou Volou and Aristofanous streets, at a distance of 800m from Archangel Michael's School, 300m from Erimi-Omodos road. Its northwestern part consists of 3 ground-floor shops and 3 first-floor apartments with an attic. The three ground floor shops are identical and have an internal area of 50sqm each. They all consist of an open-plan area and a toilet. The three first-floor apartments are identical, with an internal area of 50sqm each. They all consist of a hallway, a living room, a kitchen, one bedroom, and a toilet with a shower. They also all have an attic of about 10sqm, which is used as a room. Its southeastern part consists of a ground floor shop (restaurant) that also extends to the first floor of the building. The ground floor consists of an open plan main area, a bar, a kitchen, a storage room, five toilets and two set of staircases leading into the first floor. The first-floor level consists of an office space, a storage room, a changing room with a shower and a toilet, as well as a veranda of 85sqm. It has an internal area of 294sqm. There is also a basement area that serves as a parking space of 300sqm. Access to the basement is achieved via an internal staircase and an external ramp. Externally there is an incomplete pool, uncovered verandas, and a perimeter surrounding wall. The subject building has a total internal area of 624 sqm, uncovered verandas of 195sqm and the plot in which the building was erected has a land area of 3,040sqm.
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
3040 m2
Area
624 m2
Category
For sale
Price per m2
€ 1 346
Price
€ 840 000
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 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.
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