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Building Sale Kato Polemidia, Limassol, Cyprus

Building for Sale in Kato Polemidia, Limassol, Cyprus

Fully Tenanted Building in Limassol

Property type:
Building
Property size:
528 m2
Furnish Status:
Non-furnished
Parking:
No
Stage:
Any
Building Year:
1991
‎‎€ 970,000.00
Price per square meter
‎‎€ 1,837.12
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Location

Map
Kato Polemidia, Limassol, Cyprus

Agent

Alkisti Nicolaou

Amenities

Balcony
Lift/Elevator

Description

This 2-storey Building is located at very prime location on the traffic lights of Spyrou Kyprianou & Apostolon Varnava Junction. It is situated right below Jumbo no. 2 round about of Kato Polemidia, within close proximity to the highway and city centre.

It consists of 5 shops on the ground floor and 2 apartments on the first floor and 2 apartments on the second floor. It is currently fully rented to various tenants. It has an annual income of €37,200, thus a 3.8% return on investment.
Reference:
480031017-151-RC
Broker Reg No:
758
Listed:
25-02-2019
Licence ID:
410/E
Registration No:
758

Prices & Trends

This property costs 24.21% more than the average

Average price of Building in Kato Polemidia, Limassol, Cyprus is ‎‎€ 1,479.00 m2

Existing Price per square meter ‎‎€ 1,837.12 m2

This property with 5% yield will have annual return of ‎‎€ 48,500.00
The data displayed is based on average prices and sizes of all listings.
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‎‎€ 970,000.00
Price per square meter
‎‎€ 1,837.12
Call now
Verified
This user has been verified for the accuracy of its contact details.

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