For Sale
Ref: 15551
Building, For Sale, Nicosia, Walled Old City
Nicosia, Walled Old City
€3,500,000
788m²
1,450m²
Plot Area
788m²
Internal Area
1,450m²
For Sale
Ref: 15551
Building, For Sale, Nicosia, Walled Old City
Walled Old City
€3,500,000
Description
Commercial corner building for on a MAGNIFICENT PLOT of 788sq.m with 200% building density, and 10floors allowance.The building is an excellent investment opportunity as it is, since in consists of 9 shops of 400sq.m overall and 6 offices of 1050sq.m overall.It also features 500sq.m of underground and ground-floor parking areas.The market for such a property could go up to 200,000per/year to give a yield of 4,7% with out even taking into consideration that there is potential for further development, due to the high building density.All units are already ed!The fact that building is located right in the heart of Nicosia, on a beneficial corner plot, provides security for any investor. THIS IS THE DEFINITION OF A LOW RISK INVESTMENT.Contact me for more information
Details
Legacy ID:
B-99542
City:
Walled Old City
Building Type:
Commercial Building
Construction Stage:
Resale
Parking:
13
No. Of Floors In building:
4
Construction Year:
2007
Areas
Plot Area:
788m²
Energy
Heating Type:
Central Heating
Energy Efficiency Grade:
Pending Certification
Main Features
Air Condition:
Provision for Central Heating:
Uncovered Parking:
Underground Area:
500
Covered Parking:
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