Commercial for sale
Agios Athanasios, Limassol, Cyprus
£3,349,242 *
[€4,000,000]
Full Description
Presenting a modern commercial building with permits for the construction of three additional floors in the highly desirable Agios Athanasios area of Limassol. Ideally positioned just 10 minutes from the city center, 5 minutes from the beach, and 5 minutes from the highway, this property offers outstanding accessibility and convenience for businesses.
The property benefits from multiple parking options, including nearby rental plots and space behind the building where car lifts are planned, as required by the planning authority. Additionally, there is a permit for a multi-story parking facility behind the building.
Currently, the building features four ground-floor shops and two offices on the first-floor, with approved permits for three additional floors. The incoming rent ranges between €40-€50 per square meter, making it an attractive investment opportunity with strong rental yield potential.
Specifications:
Second Floor:
- Covered Areas: 576m²
- Covered Verandas: 159m²
Third Floor:
- Covered Areas: 672m²
- Covered Verandas: 228m²
Fourth Floor:
- Covered Areas: 571m²
- Covered Verandas: 199m²
This property presents an exceptional investment opportunity for businesses looking to establish themselves in a prestigious and high-growth commercial location.
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