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Property 2958 Mansoura, Nicosia / LIM-PAF-4803

Great Investment Opportunity! Commercial Building With 7 Connected Shops And Parking Space.

  • Thumbnail 1 Property 2958 Mansoura, Nicosia / LIM-PAF-4803
  • Thumbnail 2 Property 2958 Mansoura, Nicosia / LIM-PAF-4803
  • Thumbnail 3 Property 2958 Mansoura, Nicosia / LIM-PAF-4803
  • Thumbnail 4 Property 2958 Mansoura, Nicosia / LIM-PAF-4803
  • Thumbnail 5 Property 2958 Mansoura, Nicosia / LIM-PAF-4803
Photos 5

For Sale • Deal

1,650,000€

Estimated Mortgage

/month

394

m2

787

Plot m2

Community

Property Type

Building

District

Nicosia

Covered/Built m2

394 m2

Plot m2

787 m2

Title Deeds

Yes

Property Description

This commercial building in Limassol presents a great investment opportunity. With a yearly revenue of 6%, the building consists of 7 connected shops, currently rented as one large shop. The internal area is 394sqm, with an additional 197sqm mezzanine and a basement of 690sqm, which can be used for parking or storage. The land registry allows for 3 floors, giving the new owner the potential to build another 2 floors with a total area of approximately 393sqm.

There is also the possibility of obtaining a license for an extra floor upon request to the government. Additional parking space is available on the ground floor for 6 cars, with more parking space in front of the shop. For further information and to book a viewing, please contact the agent.

Sustainability

Solar Panels/ Photovoltaic

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Title Deeds

Unfurnished

Location

Property 2958 Mansoura, Nicosia / LIM-PAF-4803
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

62,600 €

Transfer Fees Joint Names

59,200 €

Stamp Duty

3,208 €

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