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EXCELLENT INVESTMENT- Yield of more than 7% Shop for sale in Agios Andreas


Agios Andreas, Nicosia

REF: S-69524
€55,000
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Property for Sale in Nicosia, Agios Andreas, Cyprus
Property for Sale in Nicosia, Agios Andreas, Cyprus

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Internal Area (sq.m.)
45m2

Property Details

Property Details
  • For Sale
  • Property Type: Shop
  • Location: Nicosia, Agios Andreas, Cyprus
  • Internal Area: 45sqm
  • No of WCs: 1
  • Price: €55,000
  • VAT: N/A
  • Loan Installment: €270

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: €55,000
Own Contribution (30%): €16,500
Loan Amount (70%): €38,500
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 30 Years
  • Reference: S-69524
  • Energy Efficiency Certificate: In Progress

Property Description

Shop for sale on an old building on a commercial street in Ayios Andreas, excellent opportunity as an investment. It is 31 sm on the ground floor and 15 sm mezzanine. It is currently rented out for €330 per month, thus giving a very interesting yield of over 7%. The price is not negotiable.
Miranda Stylianaki logo

Miranda Stylianaki

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Additional Details

No of parking spaces
1
Air Conditioning

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