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    For Sale

    Ref: 33621

    Building, For Sale, Nicosia, Latsia, Agios Georgios

    Nicosia, Latsia, Agios Georgios
    €850,000
    plot_area_amount 693m²
    Plot Area
    693m²

    For Sale: Residential Building with 12 Apartments in Latsia, Nicosia

    Location:
    • Situated in the tranquil Agios Georgios area, offering residents a peaceful residential environment.
    • Excellent accessibility to the highway and proximity to essential services and amenities enhance convenience.
    External Features:
    • Constructed in 1998, this two-storey building comprises ground floor parking and twelve well-appointed apartments.
    Building Characteristics:
    • The 1st and 2nd floors each host six apartments, featuring a mix of one and two-bedroom layouts.
    • Internal areas range from 42sqm to 61sqm, complemented by covered verandas, ensuring comfortable living spaces.
    • Each apartment includes exclusive access to a covered parking space on the ground floor.
    • Currently, seven out of twelve units are leased, generating a monthly income of €2,350, with five units vacant (No. 101, 103, 105, 201, 205).
    • Total internal area of approximately 646sqm offers ample accommodation for residents.
    Advantages - Special Features:
    • Ideal for investment, this residential building is located in a sought-after area, facilitating easy commuting to Nicosia City Center and other cities via the nearby highway.
    • Offers promising investment potential with projected yields exceeding 6%, making it an attractive opportunity for savvy investors.

    Details

    City: Latsia
    Building Type: Residential Building
    Construction Stage: Resale
    Bathrooms: 12
    Kitchen Type: Open Plan
    Covered Parking: 12
    No. Of Floors In building: 2
    Construction Year: 1998
    Age of Property: 26 Years

    Areas

    Plot Area: 693m²

    Main Features

    Air Condition:
    Veranda Covered:
    Balcony:

    Nicosia BP Properties

    Building, For Sale, Nicosia, Latsia, Agios Georgios

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