€3,500,000 $3,700,829
Fox Smart Estate Agency Nicosia
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Pay in USD and save up to $129,529Key features
- Listing ID: 1153052 (15551)
- Plot: 788 sqm
Description
Commercial corner building for on a MAGNIFICENT PLOT of 788sq.m with 200% building density, and 10floors allowance.The building is an excellent investment opportunity as it is, since in consists of 9 shops of 400sq.m overall and 6 offices of 1050sq.m overall.It also features 500sq.m of underground and ground-floor parking areas.The market for such a property could go up to 200,000per/year to give a yield of 4,7% with out even taking into consideration that there is potential for further development, due to the high building density.All units are already ed!The fact that building is located right in the heart of Nicosia, on a beneficial corner plot, provides security for any investor. THIS IS THE DEFINITION OF A LOW RISK INVESTMENT.Contact me for more information
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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