Space ID : VL7279
For Sale €1.200.000
An opportunity to acquire a complete building in a main road in Geroskypou in Paphos.
Consisting of 6 x 2 bedroom apartments (75m2 each)
1 x 3 bedroom apartment (105m2)
1 x corner showroom (160m2)
1 x office/showroom (100m2)
All flats and shops are currently rented with a combined monthly income of around €3000.
This is very low compared to the current market as all these tenants have been there for a while at a reduced rent.There is scope to increase the rental income by abut 40%.Also one of the 2 bed apartments is currently being used by the owner so there will be extra rental from that unit.
Each flat has allocated underground parking and there is also many extra spaces both underground and to the side of the building.