Investment for Sale in Yermasoyia

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€2,500,000 EUR

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Ref 2262332 | Yermasoyia, Limassol | Investment

Currency services provided by Excel Currencies 2,500,000 EUR  |  Approx.£2,152,750 GBP  |  Approx. US$2,675,500 USD
  • Type: Investment
  • Location: Yermasoyia
  • Province: Limassol
  • Country: Cyprus
  • Bedrooms: 0
  • Bathrooms: 0

This luxury boutique located opposite the sea and in one of the busiest streets in Limassol namely Germasoyia tourist area on the main road is offered for sale

The boutique is specializing in retail high fashion clothing and shoes from A- list designers highly sought after in the market.

The shop has internal area of 387 m2 and an uncovered veranda of 99 m2. The boutique is currently rented yielding 80.000 a year from a solid Triple A company.

The building itself is 5 years old and has all the state of the art building materials that are still used today.

Included in the package is a 1 bedroom luxury apartment located in the same building opposite the sea

The apartment boasts a 60 m2 internal space with a 7 m2 covered veranda. The sea view is unobstructed from both the living room and the bedroom. The apartment is located on the 7th floor

All amenities are close by such as restaurants and shops

The beach is within 2 minute walking distance. The location of the building places it in the heart of the Tourist area were most of the night life is in Limassol.

The apartment also has a very high rental price up to 1.000 euro per month and due to its proximity to the sea it can also be rented per day yielding even bigger profit

This investment package was created in order to offer a housing and business opportunity to the investor. Due to the location of the building though this can be seen as a purely business proposal since the shop (which is already rented ) and the apartment have high rental prices.

Total Price for the package is € 2.500.000

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