For Sale : Building in Limassol, Agios Nektarios
For Sale €1,250,000 Ref. No.: SL22271
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WISHLIST
PROPERTY ENQUIRY
Indoor
2 Receptions
Air Conditioning
Separate Kitchen
Outdoor
Private Parking (covered)
Views / Distances
Beach: 5 min Drive
Sea views
Town: Walking distance
Legal and Financial
Full Title Deeds
Investment Opportunity

Description

Unique investment opportunity with immediate profit effect and high ROI.

2 Title deeds issued.
• 2 WiFi high speed connections with Cablenet.
• 3 independent EAC (electricity) connections for the shop, 1st floor and 2nd floor.
• New plumbing and electricity provisions.
• New installation of sound proof and UV protection windows with mosquito nets, high quality tiles , 10 brand new inverter AC units.
• New kitchen appliances: kitchen counter tops, sinks, taps, 2 fridges and dishwasher.
• New toilet appliances: counter tops sinks, shower and toilets.
• New lighting inside and outside.
• New remote access panel for the reception management.

The total area is 408m2, located on the land of 204m2, offers 2 floors & a shop with 12 offices/rooms in total.
The property can be used as an office or clinic. The location is very busy 24/7 all year around. The building offers facilities such as 2 kitchens, 3 bathrooms, server room area, reception area on each floor, shop and 4 verandas.

1st floor:
1) A shop with 2 rooms, kitchen and toilet, with separate entrance, facing the main street (approx. 60m2 covered area)
2) An office/apartment with separate entrance, 4 rooms, reception, kitchen, bathroom, 2 verandas, corridors (approx. 100m2 covered area)
3) Verandas of approx. 30m2

2nd floor:
1) An office/apartment with separate entrance, 6 rooms, reception, kitchen, bathroom, toilet, 2 verandas, corridors, server area. (approx. 140m2)
2) Verandas of approx. 20m2

Technical details: Urban Zone: Pa4 Maximum Building Factor: 240% Maximum Coverage Factor: 70% Maximum Number of Floors: 4 Maximum Height (meters): 13.1 meters.
The property is owned by a holding company, so the new owner can purchase the shares of the company (and avoid paying transfer fees in the Land Registry) instead of buying the property.

Initial Price: 1.450.000
NOW: 1.250.000


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