Building in Kato Polemidia - Ref. No. CS13799
Three-storey mixed use building in a very good location in Kato Polemidia Municipality, at a distance of 585 meters (approx.) south of Polemidia Lyceum and 660 meters (approx.) northwest of “Sklavenitis” supermarket.
The property enjoys very good access to the Limassol city center and the motorway. It is ideally situated close to a plethora of amenities and services whereas the “My Mall” is also a short drive away.
The building comprises of 3 shops with mezzanine on the ground floor, 5 apartments on the 1st floor and 3 apartment on the 2nd floor. The 1st floor consists of 2 three-bedroom apartments and 3 two-bedroom apartments. The 2nd floor consists of 1 three-bedroom apartment and 2 two-bedroom apartment.
The area of the ground floor is 540 sqm (approx.), the mezzanine 304 sqm (approx.), the 1st floor 514 sqm (approx.) and the 2nd floor 296 sqm (approx.).
The building is rented for €6020/month with a yield of 4.4%. It needs to be noted that the property has the potential to offer a yield above 6%.
It is considered as an ideal choice for investment.
- The shops have acquired an energy efficiency certificate of category Δ.
- The apartments have acquired an energy efficiency certificate of category Ε.
Air condition / Storage room