£590,840

Retail premises for sale

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£590,840

€700,000

Retail premises for sale

Agia Zoni, Limassol, Cyprus

1 bath

Local area information

Property location

This location is approximate only. Contact the agent for the exact address.

Nearby amenities

Features and description

Ground floor shop with a basement in a central location in Agia Zoni Quarter in Limassol Muncipality.

It is located in a prominent location, close to a plethora of amenities and services such as supermarkets, shops, restaurants, cafes etc. In addition, it enjoys excellent access to the motorway.

The shop is located on the ground floor of the building and the level of construction and maintenance is good. It has been formed from the unification of three adjacent shops and it operates as a medical clinic. It has two covered parking spaces and a storage room on the basemen of the building.

The total ground floor area is 161 sqm (approx.) and the basement area is 370 sqm (approx.).

It is important to note that the property has separate title deed.

The property is rented for € 3,080/month and a yield of 4.9%.

Characteristics

Enclosed area: 161 m2
1 Bath
Year built: 1985

There are several compelling reasons to consider buying property in Limassol, a vibrant coastal city located on the southern coast of Cyprus. Limassol offers a unique blend of history, culture, natural beauty, and economic opportunities, making it an attractive destination for both investors and individuals looking for a place to call home.

1. Economic Growth: Limassol is experiencing rapid economic growth, with various sectors such as tourism, finance, shipping, and real estate thriving. The city has become a regional business hub, attracting international companies and investment, creating a robust job market and driving economic prosperity.

2. Property Investment Potential: Investing in property in Limassol offers excellent potential for return on investment. The city's real estate market has seen consistent growth, with rising property values and rental yields. Whether you're looking for a holiday home, a rental property, or a long-term investment, Limassol presents numerous opportunities.

3. Stunning Coastal Location: Limassol boasts beautiful sandy beaches, crystal-clear waters, and a Mediterranean climate, making it an ideal destination for those seeking a relaxed coastal lifestyle. The city's coastline offers a range of water activities, from swimming and snorkeling to sailing and water sports.

4. Rich History and Culture: Limassol has a rich historical and cultural heritage. The city is home to significant archaeological sites, such as the ancient city-kingdom of Amathus, which dates back to the 11th century bc. Limassol also hosts various cultural events, festivals, and exhibitions throughout the year, showcasing the island's diverse traditions and arts.

5. Modern Infrastructure: Limassol boasts modern infrastructure and amenities, including world-class marinas, international schools, medical facilities, shopping centers, and leisure activities. The city has undergone significant development in recent years, offering a high standard of living and convenience for residents.

6. International Community: Limassol attracts a diverse and cosmopolitan community, with residents and investors from all over the world. This multicultural environment creates a vibrant atmosphere and provides an opportunity for networking and cultural exchange.

7. Proximity to Major Cities: Limassol's strategic location allows for easy access to other major cities on the island, such as Nicosia, the capital of Cyprus, and Paphos. Additionally, Limassol is well-connected to international destinations through its modern seaport and international airport.

8. Lifestyle and Entertainment: Limassol offers a wide range of leisure and entertainment options. The city is known for its lively nightlife, with numerous bars, clubs, and restaurants. Limassol also hosts various cultural and sporting events, including international concerts, theatre performances, and sailing regattas.

9. Safety and Security: Cyprus, including Limassol, is known for its low crime rate and overall safety. The country has a stable political system and a high standard of living

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