Commercial property in an excellent location in  Agios Athanasios Municipality of Limassol district. It is located on the intersection of Anoikodomiseos and Faoust Street and situated approximate 350 meters north of the motorway. It is ideally situated close to a plethora of amenities and services. In addition, it has excellent access to Agios Athanasios center and the motorway.

Within the parcel there are 2 detached buildings that are both in a good condition.

The corner building on the eastern part is two-storey and it is used as a bank branch. The ground floor area is 279 sqm (approx.) and 1st floor is 217 sqm (approx.). It has to be noted that the building has an uncovered parking space for customers and staff. The ground floor is rented for €3348/month. The 1st floor is vacant. 

The ground floor building on the western part consists of a storage space of approximate 110sqm and a shop of approximate 70sqm. The building is rented for €800/month.

The total rent is € 4,148 /month and the yield 4.1%. The property has the potential to offer a yield of 6% and above. 

 It needs to be noted that the property has unexhausted building density as it is falls within the commercial zone (Εβ) which allows for a building factor of 90%, and for the construction of a three-storey building.

• Enclosed area: 676 m²
• Land: 1,431 m²
• Year built: 1992
• Title deed: The property has a separate title deed
• Planning zone: Εβ

a 10723