€435,000 $455,622
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Pay in USD and save up to $15,947Key features
- Listing ID: 848001 (121442)
Description
Two-story commercial building in the central of Athienou Municipality in Larnaca district. The property is located at a distance of 150 meters (approx.) southeast of Athienou Town Hall and 170 meters (approx.) north of Panagia Chryseleousa Church. The property is ideally situated close to many amenities and services. In addition, it has excellent access to the neighboring communities. The building has a corner location, it was constructed around the year 1995 and comprises a basement, ground floor, and 1st floor. On the ground floor, there is a bank branch and on the 1st floor, there are office spaces. In addition, it has storage spaces in the basement. The area of the building is 560sqm (approx.) and the basement is 190sqm (approx.).The building for sale is located on two parcels (the whole share of plot 1958 and 358/852 share of plot 2013) as specified in section A and the red color on the drawing. The building is rented for €3070/month with a yield of 8.2%. The property is an ideal choice for investment as it offers a high yield.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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