- Nicosia (city) Apartment building 2,200,000 €
- Basic parameters
- Photo
№ 1,726,289
Apartment building, Nicosia, Cyprus
2,200,000 €
3,142 € /m²
- Apartments —
- Yield 1.5%
- Constructed 1986
- Price per key —
Key project parameters
- Total area
- 700 m²
- Land area
- 851 m²
- Constructed
- 1986
Project description
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.
Tenants
- Agreement
- n/a
Financial performance
- Yield
- 1.5%
Absolute annual income is 32,000 €.
The current yield of 1.5%.
Location and nearby infrastructure
The property is located at the entrance of Nicosia from the main avenue (Limassol avenue).
More properties
If this ad doesn't suit you, have a look at the other apartment buildings for sale in Nicosia (city).
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- annual yield
- From 10%
- exit period
- 3 years
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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Mikhail Reyderman
Commercial Real Estate Expert
Commercial Real Estate Expert
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