Mixed Use Project for sale in Kato Polemidia, Limassol

Three-storey mixed use building in a very good location in Kato Polemidia Municipality, at a distance of 585 meters (approx.) south of Polemidia Lyceum and 660 meters (approx.) northwest of “Sklavenitis” supermarket.The property enjoys very good access to the Limassol city center and the motorway. It is ideally situated close to a plethora of amenities and services whereas the “My Mall” is also a short drive away.The building comprises of 3 shops with mezzanine on the ground floor, 5 apartments on the 1st floor and 3 apartment on the 2nd floor. The 1st floor consists of 2  three-bedroom apartments and 3 two-bedroom apartments. The 2nd floor consists of 1 three-bedroom apartment and 2 two-bedroom apartment. The area of the ground floor is 540 sqm (approx.), the mezzanine 304 sqm (approx.), the 1st floor 514 sqm (approx.) and the 2nd floor 296 sqm (approx.).The building is rented for €6020/month with a yield of 4.4%. It needs to be noted that the property has the potential to offer a yield above 6%.It is considered as an ideal choice for investment.The shops have acquired an energy efficiency certificate of category Δ.The apartments have acquired an energy efficiency certificate of category Ε. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Limassol Municipality: Kato Polemidia Quarter: Archangelos Michael