Primely Located Commercial Unit, Katholiki, Limassol – id S5883

  • €395,000
Dimos, Cyprus
For Sale
Primely Located Commercial Unit, Katholiki, Limassol – id S5883
Dimos, Cyprus
  • €395,000

Description

INCOME PRODUCING PROPERTY – Annual Gross Yield at about 6.4% + Potential Tax Benefits As Listed Propertyandlt;br /andgt; andlt;br /andgt; This property, concerns the ground floor of a two storey listed building located on Eleftherias str. within the historic Katholiki quarter area. It consists the 50% share that corresponds to about 272 sq.m, where the remaining 50% constitute the first floor. The tenant operates within a well known restaurant-events hall, that occupies the ground floor of approx. 225 sq.m. and the mezzanine of approx.47 sq.m. andlt;br /andgt; andlt;br /andgt; The asset is located approx. 250m from Navarinou Street, approx. 500m from Molos and in walking distance from Limassol marina..andlt;br /andgt; andlt;br /andgt; The property falls within Zone Πα8α, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (8.3m) of construction.andlt;br /andgt; andlt;br /andgt; GPS coordinates: 34.674438, 33.039667

  • City Limassol
  • Area Dimos

Details

Updated on February 27, 2025 at 3:50 am
  • Property ID: S5883
  • Price: €395,000
  • Property Type: Commercial Building
  • Property Status: For Sale

Mortgage Calculator

€1,498.51
Monthly
  • Down Payment €79,000.00
  • Loan Amount €316,000.00
  • Monthly Mortgage Payment €1,498.51
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