Investment Opportunity in a Commercial field in Agios Georgios, Latsia, Nicosia

Property ID : A6085

For Sale €285,000 - Field

651 sqm

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Commercial field extending to about 651 sq.m. is located next to Giannou Kranidioti commercial avenue at Latsia, Nicosia.
The property abuts a water stream on its western border, has a flat surface and its access is via a registered road with a total road frontage of approximately 4m.
The field benefits from an active rental agreement of a 3.2% rental yield, and a 10% increase every 2 years until 2031.
The asset falls within Zone Εβ4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction. A6085

Additional Details

Agent Marinos Kineyirou Estate Agencies Ltd

In Cyprus Properties | Real Estate Cyprus | Properties for sale Cyprus

Office : (+357) 24 815 141
Mobile : (+357) 99 209 911
Fax : (+357) 24 658 121

Marinos Kineyirou Estates Agencies Ltd has more than 20 years of experience in the Real Estates Industry which assures promising opportunities for cooperation and an excellent relationship with our clients, companies and real estate agencies. If you are looking for an additional income then you are in the right place. Cooperation with us will open up a lot of possibilities for future investment on either buying or selling properties, which would be both a protected and profitable process.
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