Mixed use for Sale in Agioi Omologites, Nicosia

Информация от владельца
The property for sale is part of a mixed-use building in a central location in Agioi Omologites Quarter in Nicosia Municipality. It is located at a distance of 670 meters (approx.) northeast of the Presidential round about and approximate 370 meters south of Georgiou Griva Digeni Avenue. The property is located close to a variety of services and amenities such as shops, schools, supermarkets, restaurants, etc. In addition, it enjoys excellent access to the center of Nicosia.

The building has five floors and consists of (4) shops on the ground floor/mezzanine and a total of (12) flats on the upper four floors of which (1) flat on the 4th floor is exempt for sale, as it belongs to another owner. Specifically, for sale there are a total of (3) one-bedroom flats, (6) two-bedroom flats and (2) three-bedroom flats. The area of ​​the shops on the ground floor ranges from 38 sq.m - 68 sq.m. (approx.) and the flats from 49sq.m - 139sq.m. (approx.).

It is noted that the three shops are rented for a total amount of €1780/month while one shop remains vacant. It is noted that five flats are rented for a total amount of €2680/month, three apartments are vacant and one flat is occupied.

In addition, it should be noted that two of the flats are subject by usufruct rights (life interest).

The total enclosed areas of the building amounts to 1044sq.m. (approx) and 137sq.m. (approx) for the mezzanine.

A great advantage of the property is that the units have separate title deeds is an advantage.

The property has potential for high yielding returns and it is an ideal choice for investment.