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8.6% High Yield Investment Opportunity in a Residential Field with a Petrol Station

for sale in Nicosia, Latsia

Publish: 20 Aug 24, views: 59

Price:  €320.000

Listing ID:23363
Price €320.000
Information from owner
A 25% share of a residential field extending to about 2,500 sq.m. in total.
The property is located on a high traffic road and next to the American Heart Institute in Nicosia.
The property has a flat surface and access is via three registered roads which are facing the north, west and south-east side of the property with a total road frontage of approximately 222m.
Within the field there is an operating petrol station with a rental yield of approximately 8.6%.
The property falls within Zone Κα7, with a building coefficient of 80%, coverage of 45%, and permission for 3 floors (13.5m) of construction.

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