sale
€4,250,000
Building, For Sale, Nicosia, Walled Old City
Walled Old City, Nicosia
1450 m2
788 m2
Extras
Air condition
Parking
Points of interest
Xenis
0.2 km
Green Tree Supermarket
0.2 km
Lykeio Akropoleos
0.1 km
Syndesmos Goneon Dimotikou Scholeiou Agiou Ioanni Lefkosias
0.1 km
Saint Mavris Chapel
0.1 km
Saint Mavris Chapel
0.1 km
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
| Property type: | Other |
|---|---|
| Date added: | 7th Jul 2023 |
| Listing reference: | SP-15551 |
| Furnishing: | Unfurnished |
| Energy efficiency: | In Progress |
| Plot type: | Commercial |
| Coverage: | 1450 |
| Density: | 200 |
| Parcel zone: | Εβ1 |
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
The price shown above is the asking price (VAT not included). The property is simply advertised on Spitakimu.com, contact the real estate company for further details.