Famagusta, Avgorou, Cyprus
- PROPERTY TYPE
Shop
- SIZE
3,940 sq ft
366 sq m
Key features
- Easy access to main roads
- Easy access to highway
- Spacious rooms
- Municipal water/sewage
- Next to green area
- Internal stairs
- Ceramic tiles
- Closed offices
- Near bus route
- Near amenities
Description
The property is a ground floor shop with a basement. The shop featuring an open-plan shop area on the ground floor, complemented by convenient access to a well-equipped basement. The basement includes two spacious storage rooms, an office, toilets, and parking for up to six cars, currently utilized for additional storage area. Access is seamless via a staircase, lift, or external concrete ramp.
The asset is currently leased under a secure 4-year contract expiring in September 2028.
The property provides an excellent RIO of 7,2% and benefits from a yearly rent increase of 2%, providing a reliable income stream for investors.
Famagusta, Avgorou, Cyprus
NEAREST AIRPORTS
Distances are straight line measurements- Larnaka(International)16.5 miles
- Ercan(Local)21.2 miles
- Pafos(International)80.2 miles
Advice on buying Cypriot property
Learn everything you need to know to successfully find and buy a property in Cyprus.
Notes
This is a property advertisement provided and maintained by K. Kalogirou Real Estate Ltd, Larnaca (reference 49110) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.