Investment Opportunity in a Commercial field in Agios Georgios, Latsia, Nicosia
For Sale / EUR 225.000 (VAT not included)
357 70007700
or
Property ID:
VL24468
Office Code:
NEAL
Type:
Land / Plot
35
2
177
Area:
Agios Georgios
District:
Nicosia
Plot Size:
651 m2
Land Type:
Agricultural
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DESCRIPTION
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 ??4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.
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 ??4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.
MAIN PROPERTY FEATURES
This land / plot in Agios Georgios, Nicosia is being offered for sale at EUR 225.000 (VAT not included).
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