Investment project 1,319 m² in Agios Athanasios (Cyprus)

3,500,000 €

2,653 € /m²

Total area 1,319 m²
Yield —
Lease term —
Constructed 2005

Check availability of the property

Send the listing to yourself

Print Download PDF

Key project parameters

Total area: 1,319 m²
Number of parking lots: 25
Constructed: 2005

Project description

The building has 25 parking spaces. It is located next to the Linopetra roundabout, between the residential and commercial areas of Agios Athanasios. The square meters of each floor are as follows: Underground 450 sq. m. Semi-Underground 400 sq. m. Ground floor 370 sq. m. 1st floor 370 sq. m. There are numerous possibilities for redevelopment, including commercial offices (highway visibility in Agios Athanasios), student studios (all rooms are currently ensuite) or even residential apartments (~400 sq. m. available per floor). Potential buyers and investors could also explore the possibility of developing the adjacent plot of land which builds an additional 900 sq. m.

Tenants

Agreement: n/a

More properties

If this property wasn’t for you, take a look at other investment property for sale in Agios Athanasios (Cyprus).

All ads in the country: investment property for sale in Cyprus.

Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai

annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

Request more details

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