Investment project 855 m² in Nicosia

2,950,000 €

3,450 € /m²

Total area 855 m²
Yield —
Lease term —
Constructed 1975

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Key project parameters

Total area: 855 m²
Number of parking lots: 4
Floors: 2
Constructed: 1975

Project description

In the heart of Nicosias' center a unique commercial opportunity in the form a ground floor building, with mezzanine, basement and parking. The bulding comprises of 8 shops in a row which house a range of business renting the spaces. It has to be noted that under the provisions of the Local Plan of the Central Business District of Nicosia the said property is noted as ΠΕΖ (Commercial Development Zone) with a bulding density 250% and 70% coverage.

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

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