Retail Shop Ap Petrou Pavlou quarter Limassol
INCOME PRODUCING PROPERTY WITH A CURRENT ANNUAL RETURN OF ABOUT 6.75% + 10% INCREASE EVERY TWO YEARS
The property is a ground floor retail shop, and is primely located in Apostoloi Petros kai Pavlos quarter within Limassol Municipality.
It is located onto Vasileos Konstantinou avenue with frontage of approx. 3.5m and enjoys excellent access to all amenities and town centre.
The shop is a part of the building known as ATA LEZA Court comprises of 16 units in total (5 shops & 11 flats) and is currently tenanted paying a high return.
There is a separate title deed for this property.
The asset is located approximately 130m from B8 motorway, approximately 2km from Limassol city centre and approximately 2.5km from the beach.
The property falls within a duel Zone:
- Κα4 (50%), with a building coefficient of 120%, coverage of 50%, and permission for 3 floors (13.5m) of construction.
- Εβ5(50%) , with a building coefficient of 120%, coverage of 50%, and permission for 3 floors (13.5m) of construction.
GPS coordinates: 34.686464, 33.026236
Available from:2024-07-25
Offered at: 125,000 
Type: Space
Platform's Role: Realty platform functions as a marketing and data hosting platform only. We are not engaged in real estate services, nor in real estate transactions and do not represent buyers, sellers, or properties directly, unless stated otherwise. Information Source: Listings are supplied by property owners, authorized representatives, or third-party entities that are ‘listing users’. While the platform endeavors to host genuine listings, Realty platform doesn't conduct independent verification of each property. ‘Users’ and ‘listing users’ are expected to adhere to applicable laws’ provisions, including any prohibitions. Misrepresentation or false advertising of properties is strictly prohibited. User Interaction: Communication between users or their representatives occurs directly and is outside the purview of our platform's responsibilities. GDPR Compliance: We respect and protect any user data in line with the General Data Protection Regulation (GDPR). User's personal details, when collected, are processed with user’s consent when applicable. Photos and Descriptions: Images may be digitally enhanced or virtually staged. They may not always reflect the actual state of the property. The platform is not liable for discrepancies between images and actual property conditions. No General Advise, No Advise to Engage, No Financial Advice, No Legal Advice: Realty platform offers listing and search services, no advice is provided. Users should seek professional advice before making decisions. User Feedback & Listing User’s Verification: While we collect feedback from users regarding their experience and cooperate primarily with listing users, Realty platform is not accountable for the actions or misrepresentations of users, listings users or other third parties. No Warranties and No Guarantees: Realty platform disclaims warranties concerning the accuracy, completeness, or reliability of listings. Properties' availability is subject to change, and we are not liable for any discrepancies.
