Three storey mixed use building located in Agios Dometios, Nicosia – id S4631

  • €599,000
Dimos Agiou Dometiou, Cyprus
For Sale

Three storey mixed use building located in Agios Dometios, Nicosia – id S4631

Dimos Agiou Dometiou, Cyprus
  • €599,000

Description

Three storey mixed use building located in Agios Dometios, Nicosia. andlt;br /andgt; The building comprises of a basement with parking spaces and storage rooms, three (3) shops on the ground floor, an office on the 1st floor and an apartment on the 2nd floor.andlt;br /andgt; The three shops have been unified and are used as a grocery store/supermarket, and are currently rented. andlt;br /andgt; The office on the 1st floor is vacant.andlt;br /andgt; The apartment on the 2nd floor is used as an office and is currently rented.andlt;br /andgt; The current ROI is 3.8% with the potential to increase at 6.1% when the office on the first floor is rented. andlt;br /andgt; andlt;br /andgt; The building is located along Grigori Afxentiou Avenue, nearly opposite Agios Georgios church, approximately 700m from the motorway, and approximately 350m from Agios Dometios community center.andlt;br /andgt; andlt;br /andgt; The property falls within Zone Πα8α, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (7m) of construction.

  • City Nicosia
  • Area Dimos Agiou Dometiou

Details

Updated on April 4, 2024 at 1:00 am
  • Property ID: S4631
  • Price: €599,000
  • Property Type: Apartment Building
  • Property Status: For Sale

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