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Yield Investment - Rented Offices in Nicosia Centre

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Ref: O-99136
Asking Price
€2,400,000
Loan Installment

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Available
Property for Sale in Nicosia, Nicosia Centre, Cyprus

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Property Details
  • For Sale
  • Property Type: Office
  • Property Label: Investment Property
  • Location: Nicosia, Nicosia Centre, Cyprus
  • Internal Area: 903sqm
  • Price: €2,400,000
  • VAT: N/A
  • Loan Installment: €11,383

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Assumptions:
Closing Price: €2,400,000
Own Contribution (35%): €840,000
Loan Amount (65%): €1,560,000
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 14 Years
  • Reference: O-99136
Marinos Ioannou
Mobile: (+357) 99959494

Nicosia
Address: Nicosia Georgiou Davari Office

The asset consists of 5 floors of offices that are all rented. The surrounding area is comprised of similar office / retail buildings and is considered one of the most popular and busy commercial avenues in Nicosia. The offices in total amount to 903 m² of net internal area with exclusive right of use of 14 parking spaces located in the second basement and the ground floor.

Attributes
Type
Open-Plan
No of WCs
10
No of parking spaces
14

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