Ref. No. 22451 Shop

€1,650,000 No VAT
Historical Center Limassol
Shop Resale
185m² Covered
Assistant Agent Bianca Matei

Property Description

Ground Floor Retail Unit, Anexartisias Av., City Center, Limassol

The property is a ground-floor shop with a mezzanine facing Anexartisias Avenue Limassol. The shop is long-term leased to a famous coffee brand chain, constituting a prime income-producing investment asset.

The ground floor is comprised of double doors (main entrance), an open plan area for service with counters/kitchenette and a customer's seating area, 1 WC for the handicapped, 1 kitchen/preparation room for the staff with access to the back and seating area for patrons externally. There is a staircase leading to the mezzanine, which is comprised of a passageway with a view of the ground floor, 2 toilets for women, 2 toilets for men, 1 storage room for equipment, 1 WC for staff, 1 storage room for food (perishables) and 1 storage room for drinks. It has the exclusive right to use of 4 covered parking spaces numbers 2,3,4 and 5.

The property falls within Zone Πα4, with a building coefficient of 240%, coverage of 70%, and permission for 4 floors (17m) of construction.

Property Features

Air Conditioning
Beach: Walking distance
Energy Efficiency - Class B
Furnished - White Goods
Garden
No VAT
Parking - 1 Covered
Parking - 1 Uncovered
Parking - 2 Covered
Parking - 2 Uncovered
Road access
Separate Kitchen
Storage room
Town: Walking distance

Transfer Fees

€65,808
BUYING AS AN INDIVIDUAL
€62,600 Transfer fees + €3,208 Stamp Duty
€62,408
BUYING ON JOINT NAMES
€59,200 Transfer fees + €3,208 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
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