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The asset consists of four unified shops, part of a commercial building in Pegeia. It is located on Coral Bay Avenue, the most popular part of the Coral Bay tourist area.
The property is a walk away from restaurants, cafes, shops, supermarkets, pharmacies, and banks and is just 3 minutes away from the beach.
All four shops have an internal area of 125sqm, 62sqm mezzanine, and the right of use of 100sqm yards.
The asset is currently rented, offering a steady yield. Three shops have energy class C and one has energy class D.
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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