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.

View valuation report