Commercial property 520 m² in Athienou, Cyprus

Athienou, Athiénou, Cyprus
Archive cost $488,588
Sold or out of date
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Updated at: 03/11/2024

Location

Country: Cyprus
Region: Larnaca District
Town: Athienou

Property parameters

Total area: 520 m²

Description

Two-storey building in the heart of Athienou Municipality. The property is ideally situated close to many amenities and services. In addition, it has excellent access to the neighboring communities. Within the property there are two buildings. The building on the southern part was constructed in 1995 and its level of construction and maintenance is good. It comprises of a shop on the ground floor and office spaces on the first floor. In addition, it has storage spaces in the basement. The area of building is 520sqm and the basement 235 sqm  The building  on the southern part is rented for €3070/month and a yield 6.5%. The building on the northern part comprises of two storages. It is in a satisfactory state of condition and it has an area of 400 smq (approx.). The property has the pontential to offer a yield of 7.5% and above.

Location

Athienou, Athiénou, Cyprus