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375 000 €
375 000 €
| Sale price | 375 000 € |
| Price per square meter | 2 500 € |
| Floor area | 150 sq.m |
| Construction phase | Resale |
| Number of storeys | 3 |
| Floor | 2 |
| Address | Cyprus, Paphos, Tombs of the Kings Avenu |
| Location | within the city |
| to the beach | 400 meters |
| to the historical city center | 500 meters |
| Profitability | |
|---|---|
| Annual return | 11 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
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Commercial Property at Tombs of the Kings Avenue, PAPHOS. Direct sale by the owner.
Can be purchased with EXCLUSIVE RIGHT to open the very FIRST ON THE ISLAND juice bar with unique new franchise coming to the country. The property was used in similar capacity in the past and is ideal for this business.
The property consists of two units joined in one shop under one title deed. Ground floor and first floor. The property is part of the Byzantium Gardens Complex, a commercial and residential development located οn busy and well visited Tombs of the Kings Avenue, home to shops, restaurants and active tourist flow. The unit is c.250 m from the Kings Avenue Mall and walking distance to the old port area.
The shop on the ground floor has an internal area of 92 sqm and first floor of 44 sqm. Ground floor is ideal for a juice bar, shop, office, beauty salon or a cafe/ restaurant while first floor can be used as office or converted into a one bedroom apartment. There is ajoining veranda of c.70 sqm around the property, to be covered by pergola. The wider area nearby includes all the amenities offered by Paphos municipality, including public parkings, supermarkets, banks, pharmacies and gas stations.
