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Two unified shops in Germasogeia, Limassol

Ref No: 5790

€ 1,350,000 (-25%) € 1,800,000

Description

The asset consists of two unified shops, part of a mixed-use building in Potamos Germasogeias. It is located on the most popular part of the Limassol tourist area minutes away from restaurants, cafes, shops, supermarkets, pharmacies and banks and just a walk away from the beach.
The asset has a total internal area of 428sqm out of which 291sqm is the ground floor area and 137sqm the mezzanine. The asset also includes a basement area of 147sqm. It has the right of use of twenty two parking spaces and a storage area of 254sqm.
The immediate area of the asset comprises of commercial and residential developments. It is an ideal opportunity for a valuable investment, offering high rental yield.

The shop is currently occupied.

Main Features

22
VAT
No
Occupied
Yes
Status
For sale

Other Features

Land Registry

District
Limassol
Community
Germasogeia Municipality
Reg. No.
0/31816, 0/31817
Sheet/Plan
0/2-208-340
Parcel
364
Zone
Τ1α1

Areas

Covered Area
291 m2

Further Features

EPC
Energy Class C

Town Planning

Town planning zone
Commercial
Building density
80 %
Coverage ratio
25 %
Max floors
4
Max height
17 m

Legal disclaimer

The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

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