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Three storey mixed use building located in Agios Dometios Nicosia

for sale in Nicosia, Agios Dometios

Publish: 24 Feb 24, views: 107

Price:  €599.000

Listing ID:VL33871
Price €599.000
Information from owner
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 building is located along Grigori Afxentiou Avenue nearly opposite Agios Georgios church approximately 700m from the motorway and approximately 350m from Agios Dometios community center. The property falls within Zone Πα8α with a building coefficient of 140 coverage of 70 and permission for 2 floors 7m of construction.

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