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Good investment building with title deed, return 4.9% roi, with built area of 1, 800 sqrm, within a plot of area 733 sqrm, just 2.2 km from highway, in the area of Strovolos within Nicosia (Lefkosia) district. Main features include: Elevator, store room, study room, double glazing, gated parking. The building uses split-unit aiconditioners in each room. The Energy Efficiency Class of the building is B. The Building was constructed in 2000. The building is easy to manage and quiet, since it is small size and is comprised of 4 units. Τhe plot area is 733 square meters. Walking distance from: bank, pharmacy, hair dresser, beauty salon, corner shop, bakery, park. 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, gymnastics center, Church. View of: mountain, town. The type of road leading to the property is tarmac secondary road. There is road frontage of 56 meters. The investment is € 917 per covered square meter. The property has no VAT tax. This Building has title deed ready. Has distance from main higway 2.2 km. Has distance from from sea or beach of 45 km. A great investment opportunity with an annual return of 4.9% ROI! The building is about 20 years old, is in good maintenance and consists of two basements with parking spaces, two ground floor shops with mezzanine and offices upstairs. The area of the shops amounts to 300sq.m, of the mezzanine 155sq.m, of the offices 250sq.m and of the basements to 1,100sq.m.
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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