Investment Opportunity in a Commercial field in Agios Georgios Latsia Nicosia

Information from owner
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.