389m² Building for Sale in Engomi, Nicosia District

High yield investment opportunity in a whole building of 2 houses, on ground floor and upper floor. Also, there huge potential, which can built more floors in most popular area of Nicosia in Engomi.The two-storey building offers it can offer more than 5% yield and consists of two(2) houses, on ground floor and upper-floor.Ground floor house consist of 2 bedrooms, 1 bath, 1 toilet, living room, dining area, kitchen with living room and terrace.
Upper floor house comprising of 3 bedrooms, one of them en-suite and walk in room, main bathroom, spacious open plan area with a living room and a kitchen which separated with an island and joined to 2 covered verandas, main to living room and smaller to kitchen
Additionally, the property offers an extra built density which is not built yet and can be another 2 floors.
The asset is located within walking distance to all amenities and services, walking distance from European university.

576sqm PLOT 
BD 140%
BC 50%
UP TO 4 FLOORS
ΚΓ3 PLANNING ZONE 

GROUND FLOOR: 

165sqm internal area with 29sqm covered veranda and 12sqm uncovered veranda
Built in 1964 
Parking Space 
A/C Split Unit for Cooling and Heating 
Solar Water
Furnished 

UPPER FLOOR:

175sqm internal area with 20sqm covered veranda 
Built in 1970
Fully Renovated in 2009
Office 
Parking Space 
A/C Split Unit for Cooling and Heating 
Solar Water
Furnished