An excellent investment opportunity in seven apartments, out of totally nine apartments, situated on a two-storey building in Agios Georgios, Latsia, Nicosia, Cyprus.
The apartments are currently under rental agreement with a 5.5% rental return.
Apartments with door no. 102, 201 and 202 are 2 bedroom apartments, and consist of an open plan sitting, dining and kitchen area, two bedrooms of which the master bedroom includes a toilet and a main bathroom.
Apartments with door no. 104, 105 and 204 area 1 bedroom apartments, and consist of an open plan sitting, dining and kitchen area, one bedroom and one bathroom.
Apartment no. 203 is a 3 bedroom apartment and consists of an open plan sitting, dining and kitchen area, three bedrooms of which the master bedroom is en-suite, and a main bathroom.
Externally, all the apartments have covered verandas and exclusive right of use of a designated covered parking spot on the ground floor.
Apartment No. 203 has the exclusive right of use of two designated covered parking spots on the ground floor.
The two-storey building in Agios Georgios, Latsia, Nicosia, Cyprus is located approx. 450m from the motorway and approx. 2km from Latsia community centre.
This two-storey building in Agios Georgios, Latsia, Nicosia, Cypru consists of:
Property with registration number 0/8693, which extends to approximately 77 sq.m. in total internal areas and 12 sq.m. of covered verandas.
Property with registration number 0/8695, which extends to approximately 51 sq.m. in total internal areas and 7 sq.m. of covered verandas.
Property with registration number 0/8696, which extends to approximately 50 sq.m. in total internal areas and 7 sq.m. of covered verandas. .
Property with registration number 0/8697, which extends to approximately 75 sq.m. in total internal areas and 12 sq.m. of covered verandas.
Property with registration number 0/8698, which extends to approximately 77 sq.m. in total internal areas and 12 sq.m. of covered verandas.
Property with registration number 0/8699, which extends to approximately 101 sq.m. in total internal areas and 14 sq.m. of covered verandas.
Property with registration number 0/8700, which extends to approximately 50 sq.m. in total internal areas and 7 sq.m. of covered verandas.
The two-storey building in Agios Georgios, Latsia, Nicosia, Cypru fall within Zone Κα5, with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.
