- Type: Property for sale in Europe
- Area : 545m2
- Baths : 2
- Floors : 2
- Posted on: Sep 17, 2014
Commercial Building and land for Sale or Investments with 5% Annual Return
This is a cake with a cherry on top Investment opportunity.
Two Options are available:
- Commercial Building with land for sale. Value of the land on its own Bank evaluation as per March 2014: 1,270,000 euro. Asking price 850,000 euro
- 5% return per year on rental scheme, with the Company continuing to running its business for a further 3 years with possibility the option to extend it to 5 years. Asking price: 1,200,000 euro.
You can glance through the latest evaluation report for of the Nicosia-based showroom made in on 03/20014 from by the Bank of Cyprus.
The building is located on Strovolos Avenue, the most popular business area in Nicosia.
Building size is 545m2 + 400m2
Basement and the plot is 577m2.
The scale allows an additional 330m2 to be built up to the top of the building. Approved Architecture plan in place.
Building size of 545m2 + 400m2 basement and the plot is 577m2.
The scale allows additional 330m2 to be build up to the top of the building.