SIGN UP FOR PROPERTY ALERTS
Back to results

Shop of more than 200 sm in Latsia - Great rental investment


Agios Georgios, Nicosia

REF: S-103620
€750,000
ENQUIRE NOW
Available
Property for Sale in Nicosia, Latsia, Cyprus
Property for Sale in Nicosia, Latsia, Cyprus

Enquire about this property

Please note that Fox Realty will use the above details to contact you only. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

Internal Area (sq.m.)
218m2

Property Details

Property Details
  • For Sale
  • Property Type: Shop
  • Property Label: Investment Property
  • Location: Nicosia, Latsia, Cyprus
  • Internal Area: 218sqm
  • Mezzanine: 80sqm
  • No of WCs: 2
  • Price: €750,000
  • VAT: Included
  • Date Available From: 21st February 2020
  • Loan Installment: €3,367

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: €750,000
Own Contribution (35%): €262,500
Loan Amount (65%): €487,500
Interest rate: 3%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 13 Years
  • Total No of Floors: 4
  • Units: 5
  • Reference: S-103620
  • Energy Efficiency Certificate: In Progress

Property Description

If you are looking for a long term investment, this could be a great option. Large shop of more than 200 square meters internal space, plus approximately 80 sm mezzanine. Located on a commercial street in Latsia, close to all amenities, with 5 parking spaces allocated to the shop. On a lovely building with a long history of good tenants. The current tenant is willing to remain inside and in this case purchase of the shop would mean a rental yield of close to 5%.The price is negotiable!
Miranda Stylianaki logo

Miranda Stylianaki

See more listings

Additional Details

Heating
Yes
Parking-Uncovered
Title deed or under separation
Title deed
No of parking spaces
5
Air Conditioning

Similar Properties

Available

Shop

Nicosia Centre, Nicosia

REF: S-107953

€750,000 VIEW DETAILS
Available

Shop

Engomi, Nicosia

REF: S-107317

€600,000 VIEW DETAILS
Available

Shop

Agioi Omologites, Nicosia

REF: S-104289

€710,000 VIEW DETAILS