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For Sale: Investment: mixed use, Apostolos Andreas, Limassol, Cyprus FC-49977

The building consists of ground floor plus two floors and basement. There is a possibility to build one more floor of 240 sqm.

Commercial space at the ground floor plus 4 apartments (2 two bedrooms and 2 three bedrooms apartments)

  • Size of 3 bedrooms: 140 sq.m. plus veranda 20 sq.m.
  • Size of 2 bedrooms: 85 sq.m. plus veranda 20 sq.m.
  • Plot 600 sq.m.
  • Size of the Comercial space in the ground floor: 550 sq.m. split into two levels (ground and mezanin) plus covered veranda 100 sq.m.

Commercial space was previously used as a coffee shop and bakery. It can also be transformed into a shop or office space. Mezanine level can be converted into apartments as it also has a separate entrance.

  • 1 title deed
  • Built in 1990
  • Can build 1 more floor (240 sqm)
  • 10 covered parkings in the basement

Apartments:

  • Solar panels
  • Electric heaters
  • New windows
  • Electrical appliances
  • 2 apartments out of 4 are renovated.
  • 3 apartments out of 4 are rented.

Potential income:

  • 3 bedrooms can be rented: 1500 € - 1800 €
  • 2 bedrooms: 1300 €
  • Coffee shop : 5000 €
Elmira

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