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City Plaza for sale by REInvest Real Estate

City Plaza for sale by REInvest Real Estate

04.11.2022

REInvest Real Estate offers for immediate use the well-known commercial property City Plaza, located on Makariou Avenue, the most sought-after commercial area of the capital.

City Plaza is an attractive commercial investment with infrastructure that offers the prospect of being used as a shopping center with restaurants and cafes. Alternatively, autonomous and functionally independent areas of the building can be used by potential buyers as offices. With the recent refurbishment of Makarios Avenue, City Plaza is acquiring high yield prospects as an interesting and attractive investment.

City Plaza is a four-story building in excellent condition with a total internal area of 4,669 sq.m. The top floor is unified, offering more operational flexibility for the use of space, with an area of 1,232 sq.m. On the remaining 3 floors of the building there are 19 shops, the internal area of each floor varies from 778 sq.m. and 943 sq.m., while additionally there is the possibility of further association for more efficient use of space.

The building has about 75 parking spaces and storage rooms located in the basement. Parking spaces have direct access to elevators leading to each floor of the City Plaza.

Who are REINVEST?

REInvest, part of the Resolute Asset Management group of companies, is a leader in the real estate sector with a presence in Cyprus.

Since 1980, REInvest has been offering specialized services and industry expertise in property management and project management services to the construction industry.

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

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