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Mix residential/commercial building in the center of nicosia

Nicosia, Nicosia - Ag. Antonios
Posted: 19.02.2024 21:41 Ad ID: 5064445
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  • Area: 800 m²
  • Type: Building
  • Condition: Resale
  • Postal code: 1010
  • Energy Efficiency: N/A
  • Square meter price: €1.625 /m²
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Mix Residential/Commercial Building in the center of Nicosia in a parallel street to LEDRAS, 26 Alexander the Great St., 1010 Nicosia.

This beautiful Building was built in the 50s and has been beautifully preserved and renovated in the interior last year. The Exterior of the Building is well preserved and maintained the architecture of the 50s.

The Building is comprised of six (6) Apartments and six (6) shops as follows:

GROUNDFLOOR: On the ground-floor of the Building you will find six (6) shops with common WC at the backside.

FLOOR 1: On the 1st floor of the Building you will find two (2) Apartments (Flats 101 and 102) each with 2 bedrooms and surrounding verandas.

FLOOR 2: On the 2nd floor of the Building you will find two (2) Apartments (Flats 201 and 202) each with 2 bedrooms and surrounding verandas.

FLOOR 3: On the 3rd floor of the Building you will find one (1) Apartment with 2 bedrooms and a spacious Studio (Flat 301 and 302) with huge verandas and pergola.

THE BUILDING IS GREAT FOR INVESTMENT (about 10% return/yield) as currently the 6 apartments (including Studio) are FULLY RENTED to one Tenant/Company who is using them as holiday rentals and on the Groundfloor most of the shops are also rented.

All the Apartments have been FULLY RENOVATED and FULLY FURNISHED with new furniture and electrical appliances including air-conditions units.

Architectural Plans, Building Permits, Tittle Deeds and more photos are available upon request. Property is free from any mortgage or encumbrance.

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Run a full technical and legal real estate check today
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 22 875 353
  • Legal inspection:
    M.PARASCOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    HOME CHECK
    +357 96 504 296
1.300.000
negotiable
€1.625/m²
Call
+35XXXXXXXXX
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Petros Yiannakas

Posting since feb, 2017

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