Commercial building for sale in Nicosia

€599,000

Agios Dometios, Nicosia

Property description

Three storey mixed use building located in Agios Dometios, Nicosia.
The building comprises of a basement with parking spaces and storage rooms, three (3) shops on the ground floor, an office on the 1st floor and an apartment on the 2nd floor.
The three shops have been unified and are used as a grocery store/supermarket, and are currently rented.
The office on the 1st floor is vacant.
The apartment on the 2nd floor is used as an office and is currently rented.
The current ROI is 3.8% with the potential to increase at 6.1% when the office on the first floor is rented.

The property falls within Zone Πα8α, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (7m) of construction.

Energy efficiency

Certification in progress.

Covered area

459 m²

Plot area

391 m²

Year of construction

2009

Title deed

Full

Condition

Resale

Elevator

Yes

Amenities 100 m
Sea 50 km
Schools 300 m
Public transport 100 m
Airport 50 km

MPA Property

4.3

Nicosia

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