€599,000 $652,868
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Pay in USD and save up to $22,850Key features
- Listing ID: 1336996 (7017)
Description
It is a three-storey mixed-use building in Agios Dometios, Nicosia.
This mixed-use building comprises a basement with ample parking spaces and storage rooms, three (3) shops on the ground floor, an office on the first floor, and an apartment on the second floor.
The three shops have been combined into one large retail space, used as grocery stores/supermarkets, and are rented out. The office on the 1st floor is unoccupied, and the apartment on the 2nd floor is used as an office and is currently rented out.
Furthermore, the current ROI is 3.8%, which could increase to 6.1% when renting the office on the first floor.
The property falls within Zone Πα8α, with a building coefficient of 140%, coverage of 70%, and permission for two floors (7m) of construction.
Nicosia is a vibrant and fun city with a fascinating history. Many excellent shops, restaurants, cafes, museums, art galleries, historic churches, and more are nearby.
Please get in touch with Elit Blue to arrange a private viewing.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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