Commercial property in Greater Nicosia, Cyprus
Cyprus, Greater Nicosia
Archive cost €640,000
Sold or out of date
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Updated at: 17/03/2022
Location
Country: Cyprus
Region: Nicosia District
City: Greater Nicosia
Description
Ground floor building in the heart of Aglantzia Municipality. The building was constructed 20 years ago and it is kept in a good maintenance level.
On the ground floor there are two shops, a mezzanine level and basement. The enclosed area is 262sqm, the mezzanine is 135 sqm and the basement is 260sqm. The building is currently rented long term, with a monthly rent of €2515/month and a yield of 4.7%.
It is noted that based on an architectural study that has been carried out, there is inexhaustible building density which allows the construction of two additional floors on the existing building.
- The property has acquired an energy efficiency certificate of category Ε.
Location
Cyprus, Greater Nicosia
