A unique investment opportunity to buy 7 shops already with a rental yield of 4.01%
These shops are part of a project which consists of 9 shops at the ground and mezzanine level. There is a residential development both above and at the back of the shops. The project is located in a very busy avenue. The surrounding area is highly residential and commercial. The project is within a short walking distance from the beach and near to a wide variety of amenities.
- The shops for sale are 3,4,5,6,7,8,9
- Total of 450.40 m²
- Total monthly rent is €;3,760
- Total yearly total rent €;45,120
- All the shops are rented out by the same tenant until 31/12/2020 with an increase of 7% every 2 years and an option to renew for 2 years.
- No VAT
- Suitable for Cyprus Permanent Residency - Fast Track
- 5 minutes to the nearest beach
- 5 minutes to all amenities
- 40 minutes to either Larnaca or Paphos International Airports
- Cyprus legislation - title deeds with application
Limassol is Cyprus’ cosmopolitan capital, its most important business district and a vibrant modern playground. It is consistently ranked as one of the world’s leading cities for quality of life. Nowhere in Cyprus is there a richer mix of modern culture and fascinating heritage.
The city offers an active, vibrant and varied choice of restaurants, stylish cafes, bars and chic lounges.Limassol is a city on the southern coast of Cyprus. It’s known for the centuries-old Limassol Castle, home to the Cyprus Medieval Museum and its collection of pottery and tombstones. On the seafront is the Prokymea (Molos) Sculpture Park, with sculptures by Cypriot, Greek and international artists.
To the northeast is the Limassol Archaeological Museum, exhibiting artifacts from the Neolithic to the Roman periods.Contrast this with the new marina and vibrant nightlife the city as to offer something for everyone.
was formed in 2002. Licensed Real Estate Agent AM625
British owned with key personnel having over 25 years Financial and Legal experience. The Company was structured to give a complete service.
Our Team are all expats with personal experience of moving, living and working in Cyprus.
Our aim is to ensure your purchase in Cyprus is as stress free as possible, an enjoyable experience with no regrets whether it’s for relocation , retirement, investment or a holiday home.
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- Cyprus Property for Sale - Property for Sale in Cyprus