- 27,285,000 €
- 4.7% yield
- Nicosia Investment projects 7,300,000 €
- Basic parameters
- Photo
№ 2,434,623
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Investment project 3,145 m² in Nicosia
7,300,000 €
2,321 € /m²
- Total area 3,145 m²
- Yield —
- Lease term —
- Constructed 1975
Key project parameters
- Total area
- 3,145 m²
- Number of parking lots
- 20
- Floors
- 7
- Constructed
- 1975
Project description
A seven-storey commercial building in Trypiotis, Nicosia. It consists of: A basement of c. 200 m² comprising of 20 parking spaces. A ground floor shop consisting of c. 490 m² that consist of open plan retail area, open plan office area, offices and sanitary areas and a c. 250 m² mezzanine that consist of an office and sanitary areas A mechanical floor of c. 100 m² that consists of a cafeteria, a kitchen, storage area and large uncovered balcony. Floors 1–5 of c. 367 m² each that consist of offices and sanitary areas. Floor 6 of c. 270 m² that consists of a reception area, conference room, three offices, covered balconies and sanitary areas. Access to the whole building is provided through elevators and a staircase. The immediate area of the property comprises of commercial developments such as commercial buildings, offices, showrooms and buildings of mixed commercial and residential use. EPC Pending Energy Certificate
Tenants
- Agreement
- n/a
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
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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