€285,000
Investment Opportunity in a Commercial field in Agios Georgios, Latsia, Nicosia
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Overview
Reference 46261
Floor: Ground floor
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.
Allowances
Zone Cover Factor Build Factor Max Height Max Floors
Εβ4 50% 140% 17 m 4
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