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Altamira: Shops from €50,000 in the most commercial streets of Cyprus

Altamira: Shops from €50,000 in the most commercial streets of Cyprus

26.05.2022

This week Altamira Real Estate presents seventy unique offers at attractive prices throughout Cyprus.

This Tuesday, on its website, the company offers new shops, houses, apartments, plots and fields in popular areas such as Agios Andreas and Skali Aglantzias in the province of Nicosia, Finikoudes and Chrysopolitissa, Oroklini, Tersefanou and Pervolia in the province Larnaca, as well as Tala in the province of Paphos.

As is the case every week, the opening of bids is scheduled for the following Tuesday, May 31st, with bids also being accepted at prices below the indicated indicative prices.

Shops from €50,000

Of the properties featured in the company’s new listings, this week’s wide range of shops in the most commercial streets of Nicosia, Larnaca and Paphos are of interest. Although the demand for shopping in stores has declined in recent years due to the pandemic, there has been a recent resurgence of interest, especially in centrally located opportunities. The property is available for rent with a good yield or is vacant and is ideal for both owning and renting out.

In particular, in the center of Nicosia, near the Lycabettus police station and the renovated Makariou Avenue, we found two stores with an estimated price of 56,000 and 68,000 euros respectively. The property is located on the first floor of an apartment building and has an internal area of 43 sq.m. and 26 sq.m. accordingly, while they have a mezzanine and a separate property right.

We have identified a store with a mezzanine and a basement in a central location in the Taktelkal parish of the capital.

The property, which is listed for sale at an estimated price of €175,000, is located close to the Nicosia Technical School and the famous Tufexi Park, with the proximity to the center of Nicosia considered its biggest advantage. Located on the ground floor of a two-story building, it consists of one reception room, toilet and storage room, while it has a closed area of ​​75 sq.m., has a showcase with a large facade to the public street and a separate title deed.

In the same building, we found another store, which is sold at an estimated price of 85,000 euros and consists of one reception and a warehouse. It has an area of 41 sq.m., has a showcase with a facade to the public road and has a separate title deed.

In the heart of Larnaca, in the parish of Chrysopolitissa, we have identified a ground floor store with a mezzanine price of €50,000. It is located on Dionisiou Solomou Street, close to the popular Archbishop Makarios III Avenue and the city port. It has a ground floor area of 32 sq.m. and a mezzanine of 15 sq.m., while having excellent access to the city center and the Finikoudes beach. The store is rented for 300 euros per month and generates an income of 6.5%.

In an area of Paphos where there is intense commercial activity, close to the University of Neapolis, we found a store with a mezzanine at a price of 65,000 euros. The property is within walking distance of the tourist area of Kato Paphos, has a courtyard and a covered terrace. It has a separate title deed.

Houses and apartments in Nicosia and Larnaca

In the area of Nicosia, in the popular parish of Agios Andreas, we have allocated a two-storey mansion, with an area of 300 sq.m., at an estimated price of 800,000 euros.

The property has been recently renovated and is in excellent condition and includes, among other things, an office, a living room, four bedrooms, a storage room and two covered verandas. Outside there is a courtyard and a parking space. The residence is ideal for renting out, generating a satisfactory income for its owner as there are several embassies in the area looking for spacious homes with privacy for their officials.

The unfinished ground floor house, which is available at an attractive price of 115,000 euros and is located close to Nicosia, is expected to generate huge interest.

In particular, the property is located in the village of Kliros, in a beautiful natural environment, away from the intense rhythms of the city. This is the ideal solution for families who want to live in a quiet area, enjoying great moments with their children in a large area. The house has three bedrooms, with an internal area of 180 sq.m. and terraces of 56 sq.m. Outside there is an unfinished swimming pool. The fact that the house of wooden construction is not complete, gives its future owner the opportunity to choose the building materials to his liking.

Also of particular interest are two one-bedroom apartments in the Anafotida community in the Larnaca area, which are for sale at an estimated price of 70,000 and 90,000 euros respectively. The residential complex in which the objects in question are located has a communal rooftop pool with views of the surroundings. Two apartments are rented for 400 euros per month and 270 euros per month respectively. It is noted that in the same complex, Altamira Real Estate allocated two more apartments last week, for which the process of evaluating proposals continues.

In addition, in the village of Oroklinis, near the Larnaca-Ayia Napa highway, we have allocated a one-bedroom apartment at a price of €70,000. The property has excellent access to the beach and is in good condition. It is free and suitable for own use as well as long and/or short term rentals, mainly due to the touristic nature of the area.

We also found a two bedroom apartment in Tersefanou community. The 66 sq.m property is for sale at an estimated price of 75,000 euros, is located close to Larnaca Airport and the beautiful beaches of the area and has a separate title deed.

Residential plots ready for immediate use

Of great interest among the new properties discovered on the Altamira Real Estate website are also three residential lots. For example, in a popular location in the center of the municipality of Aglancia in Nicosia, a residential plot of 1,427 sq.m is for sale at a price of €430,000. The property is very close to the Skali Aglantzias amphitheater, offering excellent access to the center of the capital and the University of Cyprus. This is an area with ever-increasing demand due to its attractiveness and affordability. The property adjoins Michalaki Karaoli Street with a facade of about 12 meters and is an excellent choice for land management entrepreneurs or individuals.

In the village of Agia Varvara, near Nicosia, we have chosen a plot for a residential building at an estimated price of 61,000 euros. It is a quiet area with excellent access. The property adjoins the road with a facade of about 18 meters and has an area of 526 sq.m.

In the area of Paphos and specifically in the community of Talas, we found a plot of land for sale at a price of €200,000. Next to a registered road with a face of about 35 meters, it has an area of 1301 sq.m. and offers unobstructed sea views. It is an excellent choice for land management entrepreneurs looking to build a spacious residence and/or home complex.

Source and photo: www. inbusinessnews.reporter.com.cy.com, Editor estateofcyprus.com

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