Small modern mix use building for sale in Kato Polemidia

Archived / EUR 1.200.000
357 70007700
or  

Property ID:
VL8949
Office Code:
15ANSP
Type:
Whole Building
Floor No.:
5
42
1
386
Area:
Kato Polemidia
District:
Limassol
Year Built:
2010
Energy Rating:
B
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DESCRIPTION

Consists of 5 levels and built with very high quality construction in a contemporary theme.

The basement level has 7 parking spaces and 4 storage rooms each 10m2. The total basement level is 340m2.

On the Ground level there are 3 independent shops each with 42m2 each.

The mezzanine level of each shop on the ground, has another 21m2. This can be extended later once the title deeds are issued.

The other 2 floors are identical and each has 2 flats of 75m2 internal space and 15m2 covered verandas, a total of 90m2 each. All flats have an intelligent costly construction which makes them DETACHED from each other with no common wall between them.

The rent from each UNFURNISHED flat is 600 with potential for 750. Common expenses are 40pcm for each flat.

The rent from each shop is 500.

The combined income of the building is 45,000 and the asking price is 1,200,000. Gross Rental yield is 3.75%.


MAIN PROPERTY FEATURES
For Investment  
Sea View  
COMMUNAL FEATURES
Communal Swimming Pool  
Controlled Access  
MAP
This whole building in Kato Polemidia, Limassol is being offered archived at EUR 1.200.000.