€1,440,000 $1,519,758
Palourtis Estate Agents
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Pay in USD and save up to $53,192Key features
- Listing ID: 1162155 (11117)
Description
Commercial building in Agios Fanourios quarter of Aradippou Municipality.
The area of the property designates a plethora of amenities and services such as supermarkets, schools, shops, etc. In addition, it has excellent access to the motorway and the city of Larnaca.
The building consists of a ground-floor showroom, a mezzanine, two upper floors with office spaces, and a basement.
The ground floor area/showroom is 400 sqm (approx.) plus 200 sqm the mezzanine and 700 sqm of the basement. The 1st and 2nd floor of the building has a total area of 700 sqm.
It is noted that the ground floor and the mezzanine level are rented for €2000/month while the rest of the building is vacant. By renting out all the units of the building, the property can offer a high yield of over 5%.
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