House - Ref. No. AL4631
For Sale €599,000
Agios Dometios
391 m² Plot


Three storey mixed use building located in Agios Dometios, Nicosia.
The building comprises of a basement with parking spaces and storage rooms, three (3) shops on the ground floor, an office on the 1st floor and an apartment on the 2nd floor.
The three shops have been unified and are used as a grocery store/supermarket, and are currently rented.
The office on the 1st floor is vacant.
The apartment on the 2nd floor is used as an office and is currently rented.
The current ROI is 3.8% with the potential to increase at 6.1% when the office on the first floor is rented.

The building is located along Grigori Afxentiou Avenue, nearly opposite Agios Georgios church, approximately 700m from the motorway, and approximately 350m from Agios Dometios community center.

The property falls within Zone Πα8α, with a building coefficient of 140%, coverage of 70%, and permission for 2 floors (7m) of construction.