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Investment in Nicosia, Nicosia

Nicosia, Nicosia, Cyprus

ID 223723
For Sale 1,000,000

PROPERTY FEATURES

Property Type Investment  
Indoor Facilities
Outdoor Facilities

Description

Three-storey building in an excellent location in Egkomi Municipality in Nicosia District.

The property is  ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops, bakeries etc. In addition, it enjoys excellent access to the Nicosia city center. 

The building was constructed in 2000 (approx.) and its level of construction and maintenance is good. It consists of a ground floor and three upper floors.

The ground floor consists of parking spaces, WC and a storage. The three upper floor consists of 4 apartments each.

The total area of the building is 600 sqm (approx.) and the covered verandas 132 sqm (approx.).

The property is rented with a monthly rent of €4500/month and a yield of 5.4%. It is considered as an appealing investment opportunity.

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