Ref: 7568
Whole building in Latsia, Nicosia for
Location
• Building with five flats and a workshop in Latsia Municipality of Nicosia District.
• It is located in a quiet residential neighborhood with good access to the highway and close to services and other amenities.
• The property is situated near to schools, near to Giannou Kranidioti Avenue.
External Features
• The building was constructed around the year 1990 and consists of a workshop on the basement and five flats on the floors above.
• Parking spaces/storages on the basement and uncovered parking spaces on the ground floor.
Internal Features
• Total internal area of the building approximate 623sqm.
• The workshop has total area of 70sqm. It is noted that the workshop is ed for €300/month.
• On the ground 1st floor there are four duplex flats (1 2 bedrooms).
• The internal area of the flats is varying from 76sqm to 106sqm plus an uncovered veranda.
• On the 2nd floor there is a three-bedroom apartment with total area of 169sqm plus 6sqm covered veranda and 14sqm uncovered veranda.
• Each flat has exclusive right of use of one uncovered parking space on the ground floor.
• It is noted that four (4) out of five (5) flats are ed with a total income of €1740/month while flat (No 2) is vacant.
Advantages - Special Features
• The building is considered as an appealing investment opportunity.
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