Shop in Petrou & Pavlou For Sale - Ref. BC75128
SHOP FOR SALE IN PETROU & PAVLOU QUARTER LIMASSOL
CLOSE TO LIMASSOL CENTER & BEACH
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Income-Producing Property with a Current Annual Return of Approximately 6.75% and a 10% Increase Every Two Years
This prime ground-floor retail shop is situated in the prestigious Apostoloi Petros kai Pavlos quarter within the Limassol Municipality. Boasting a frontage of approximately 3.5 meters, the property offers excellent visibility and easy access to all local amenities and the town center.
The shop is part of a well-maintained building comprising 16 units in total, which includes five retail shops and eleven residential flats. Currently tenanted, the shop provides a high return on investment, generating an annual return of about 6.75%, with an anticipated 10% increase in revenue every two years.
Located just a short distance from Limassol city center and the beach, the property benefits from a high-traffic area, making it an attractive location for businesses. Its proximity to the bustling city center ensures consistent footfall, enhancing its rental potential and long-term value.
Investing in this property not only secures a stable income stream but also promises significant growth potential due to its strategic location and the dynamic development of the surrounding area.
Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.
Limassol is the most cosmopolitan city in Cyprus, renowned for its vibrant atmosphere and spontaneous hospitality. Retaining the character of its rich and colorful history, the city also serves as a thriving commercial centre for its international community.
Whether for business or pleasure, Limassol offers a wealth of variety: from fashionable boutiques, gourmet restaurants, trendy bars and clubs, to cultural events and festivals.
Such a beguiling mix has elevated Limassol to one of the foremost destination attractions in Europe.
Buy Cyprus LTD a leading and esteemed fully accredited Estate Agent, proudly holding registration number 1014 with the Cyprus Real Estate Agents Association and license number 477/E. With nearly three decades of unwavering commitment in the Cyprus and UK real estate markets, Buy Cyprus stands as the epitome of trustworthiness, offering top-tier expert services.
Paphosproperties has seamlessly integrated with Buy Cyprus LTD, becoming an integral part of our number one leading agency. Together, we share in this legacy of excellence, with our unwavering focus on exceeding customer expectations. We ensure that both buyers and sellers receive unparalleled care and dedication, drawing upon our profound understanding of the Cyprus Real Estate Market to provide objective and impartial advice to our esteemed clientele. With utmost transparency, we deliver honest and precise property information, empowering you to make well-informed decisions with absolute confidence.
