Investment in Apostolos Andreas, Limassol

Description

The building consists of ground floor plus two floors and basement. There is a possibility to build one more floor of 240 sqm.  Commercial space at the ground floor plus 4 apartments (2 two bedrooms and 2 three bedrooms apartments) Size of 3 bedrooms: 140 sq.m. plus veranda 20 sq.m. Size of 2 bedrooms: 85 sq.m. plus veranda 20 sq.m.  Plot 600 sq.m. Size of the Comercial space in the ground floor: 550 sq.m. split into two levels (ground and mezanin) plus covered veranda 100 sq.m.  Commercial space was previously used as a coffee shop and bakery. It can also be transformed into a shop or office space. Mezanine level can be converted into apartments as it also has a separate entrance.  1 title deed  Built in 1990  Can build 1 more floor (240 sqm) 10 covered parkings in the basement  Apartments:  Solar panels  Electric heaters  New windows  Electrical appliances  2 apartments out of 4 are renovated.  3 apartments out of 4 are rented.  Potential income:  3 bedrooms can be rented: 1500 € - 1800 €  2 bedrooms: 1300 € Coffee shop : 5000 €