Commercial Building for sale in Limassol Municipality, Limassol

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