Apartment building, Nicosia, Cyprus

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Apartment building, Nicosia, Cyprus

2,200,000 €
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Total area: 700 m² Yield: 1.5% Built in 1986
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Features
  • Operating Incomе: 32,000 €
  • Land area: 851 m²

Apartment building with commercial premises on the ground floor.

Description

The property includes two retail spaces and three apartments, two of which are now used as offices.

The building was built in 1986, additional premises were added in 1994 and 2006.

It is possible to build additional floors.

Financial performance

Absolute annual income is 32,000 €.

The current yield of 1.5%. 

Location and nearby objects

The property is located at the entrance of Nicosia from the main avenue (Limassol avenue).

We can help you to get Cyprus citizenship within 90 days when buying a property worth €2.5 M or more.

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If this property wasn’t for you, take a look at other apartment buildings for sale in Cyprus.

You can see more apartment buildings for sale in Nicosia (city) elsewhere on our website.

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Enquire about this apartment building
Artem Ezhkov
Artem Ezhkov
Real Estate Expert Tranio in Nicosia (city)
+44 20 3608 1267
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    • Bank financing from 4.7% annually
    • Construction site audits
    • Management company services