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).

Statistics in Nicosia (city)

Price per m², €
1,848
Healthcare efficiency level
49
Crime rate
29
Real estate Price, €
Apartment in the city centre, m² 1,847.78
Apartment in a bedroom community, m² 1,368.89
Transport Price, €
Public transport, 1 ride 1.5
Monthly travel card 40.0
Taxi, 1 km 0.73
Petrol, 1 l 1.29
Food Price, €
Water, 1.5 l 0.76
Milk, 1 l 1.33
White bread, 500 g 1.47
Eggs, a dozen 2.54
Chicken fillet, 1 kg 6.1
Education Price, €
Kindergarten, per month 316.36
International school, per year 6,350.0
Health care index
Staff competence 44.23
Medical equipment 58.55
Research accuracy and completeness 50.0
Attitude towards patients 47.44
Security index
Crime rate 25.47
The risk of being robbed 21.7
The risk of car theft 37.73
The risk of break-in and property damage 32.41

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 17 4822 0039
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