Commercial property in Ypsonas Municipality, Cyprus

Ypsonas Municipality, Ypsonas, Cyprus

Archive cost $738,701

Sold or out of date

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Commercial property in Ypsonas Municipality, Cyprus

Updated at: 26/03/2022

Location

Country: Cyprus

Region: Limassol District

Town: Ypsonas Municipality

Description

Ground building with mezzanine in Ypsonas Municipality.

The property enjoys very good access to the Municipality center, the motorway and the city of Limassol.

It is ideally situated close to a plethora of amenities and services whereas the “My Mall” is also a short drive away.

The building was constructed in 2002 and its level of construction and maintenance is very good. It comprises of a shop on the ground floor, office spaces on the mezzanine and storage spaces in the basement.

The area of the ground floor is 295 sqm (approx.) and the mezzanine 190 sqm (approx.).

On the southern part there is a storage which does not bear any economic value.

According to the cadastral plan the property is subject to road widening.

The property is rented for €3520/month with a yield of 6.3%. It is considered as an ideal choice for investment.

Location

Ypsonas Municipality, Ypsonas, Cyprus