Investment Opportunity in 7 Yield Producing Apartments at Latsia, Nicosia – id S40193

  • €975,000
Dimos Latsion, Cyprus
For Sale

Investment Opportunity in 7 Yield Producing Apartments at Latsia, Nicosia – id S40193

Dimos Latsion, Cyprus
  • €975,000

Description

An excellent investment opportunity in seven apartments, out of totally nine apartments, situated on a two-storey building called G. Costantinou 26, in Agios Georgios, Latsia, Nicosia. andlt;br /andgt; The apartments are currently under rental agreement with a 5.5% rental return.andlt;br /andgt; Apartments with door no. 102, 201 and 202 are 2 bedroom apartments, and consist of an open plan sitting, dining and kitchen area, two bedrooms of which the master bedroom includes a toilet and a main bathroom. andlt;br /andgt; Apartments with door no. 104, 105 and 204 area 1 bedroom apartments, and consist of an open plan sitting, dining and kitchen area, one bedroom and one bathroom.andlt;br /andgt; Apartment no. 203 is a 3 bedroom apartment and consists of an open plan sitting, dining and kitchen area, three bedrooms of which the master bedroom is en-suite, and a main bathroom.andlt;br /andgt; Externally, all the apartments have covered verandas and exclusive right of use of a designated covered parking spot on the ground floor. andlt;br /andgt; Apartment No. 203 has the exclusive right of use of two designated covered parking spots on the ground floor.andlt;br /andgt; The asset is located approx. 450m from the motorway and approx. 2km from Latsia community centre.andlt;br /andgt; This property consists of: andlt;br /andgt; Property with registration number 0/8693, which extends to approximately 77 sq.m. in total internal areas and 12 sq.m. of covered verandas. andlt;br /andgt; Property with registration number 0/8695, which extends to approximately 51 sq.m. in total internal areas and 7 sq.m. of covered verandas. andlt;br /andgt; Property with registration number 0/8696, which extends to approximately 50 sq.m. in total internal areas and 7 sq.m. of covered verandas. .   andlt;br /andgt;  Property with registration number 0/8697, which extends to approximately 75 sq.m. in total internal areas and 12 sq.m. of covered verandas.   andlt;br /andgt; Property with registration number 0/8698, which extends to approximately 77 sq.m. in total internal areas and 12 sq.m. of covered verandas. andlt;br /andgt; Property with registration number 0/8699, which extends to approximately 101 sq.m. in total internal areas and 14 sq.m. of covered verandas. andlt;br /andgt; Property with registration number 0/8700, which extends to approximately 50 sq.m. in total internal areas and 7 sq.m. of covered verandas. andlt;br /andgt; The properties fall within Zone Κα5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.

  • City Nicosia
  • Area Dimos Latsion

Details

Updated on February 7, 2024 at 9:20 am
  • Property ID: S40193
  • Price: €975,000
  • Property Type: Apartment Building
  • Property Status: For Sale

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
%
%

Schedule a Tour

Your information

Contact Information

Revia Estates – Call Center

Enquire About This Property

Similar Listings

Compare listings

Compare
Search
Other Features
Revia Estates – Call Center
  • Revia Estates – Call Center