High Yield Producing Asset – Ground Floor Shop in Aradippou, Larnaca – Cyprus Properties

Property ID : A2159

Sold €333,000 - Shop

687 sqm 5 Garages

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Ground floor shop with a mezzanine located in Aradippou, Larnaca.
The asset consists of an internal area of approximately 324 sq.m. and a mezzanine of approximately 154 sq.m.
The property is being rented until 2026 to a blue chip tenant with a yield of more than 8.8%, and a yearly increase.
The total road frontage of the property is approximately 50m and it represents the 41% share of the whole building and distribution Agreement in place. Pending issuance of a separate title deed as its in the final approval process.

Additional Details

Agent Marinos Kineyirou Estate Agencies Ltd

In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus

Office : (+357) 24 815 141
Mobile : (+357) 99 209 911
Fax : (+357) 24 658 121

Marinos Kineyirou Estates Agencies Ltd has more than 20 years of experience in the Real Estates Industry which assures promising opportunities for cooperation and an excellent relationship with our clients, companies and real estate agencies. If you are looking for an additional income then you are in the right place. Cooperation with us will open up a lot of possibilities for future investment on either buying or selling properties, which would be both a protected and profitable process.
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