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A commercial mixed-use contemporary building located in Koritsas Avenue on the main commercial area of Ayios Theodoros Quarter, Paphos, ideally situated close to a plethora of amenities and services, next to the district court and close to the "Kings Avenue Mall“. The property for sale consist of two shops located on the ground floor (with a mezzanine) of the building, well known as Athinodorou Business Centre (ABC), as well as 65 underground parking spaces allocated to the shops. The parking spaces are leased to the public, generating additional income. The shops are leased to well known tenants.
Key benefits: No transfer fees / Excellent Location / Well-known tenants
Potential Gross Yield - 5.8%
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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