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2475m² Building for Sale in Engomi, Nicosia District

  • Pre-Owned
  • 2475m²
  • €2 700 000
Price per m²
€1091/m²
Title Transfer Fee
~€104,600
INDEX AI found 1 similar listings.
  • Ref. #: SA35316
  • Plot area: 1459m²
  • Total Number of Floors: 3

Reference ID: #SA35316Price details: €2,700,000Building complex in a very good location in Egkomi Municipality in Nicosia District.The property is ideally situated close to a plethora of amenities and services such as cafes, restaurants, shops supermarket etc. The ground floor consists of a reception, offices, storage space and w/c.The 1st, 2nd and 3rd floor consist of office spaces. The entire building is serviced by air conditioning system, fire protection system, ventilation system, alarm system, lift and emergency exitsPROPERTY CHARACTERISTICSGround Floor: 675m2First floor: 675m2Second floor: 675m2Third floor: 450m2Plot size: 1,459m2Year of construction: 1976Year of renovation: 2008There is a proposed plan for licensing for this plot for offices.Asking price for the existing building is €2.7MExpecting building costs of the dorms is €2.5MIt is considered as an ideal investment opportunity.

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  • €2 700 000
Price per m²
€1091/m²
Title Transfer Fee
~€104,600
INDEX AI found 1 similar listings.
  • Agency
  • R.N.:1109 L.N.:317/E
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Other Listings of This Property

0
  • €2 700 000
  •   €1091/m2
  • 2475m²
  • Pre-Owned
  • SA35315
Reference ID: #SA35315Price details: €2,700,000Building complex in a very good location in Egkomi Municipality in Nicosia District.The property is ideally situated close to a plethora of amenities and services such as cafes, restaurants, shops supermarket etc. The ground floor consists of a reception, offices, storage space and w/c.The 1st, 2nd and 3rd floor consist of office spaces. The entire building is serviced by air conditioning system, fire protection system, ventilation system, alarm system, lift and emergency exitsPROPERTY CHARACTERISTICSGround Floor: 675m2First floor: 675m2Second floor: 675m2Third floor: 450m2Plot size: 1,459m2Year of construction: 1976Year of renovation: 2008There is a proposed plan for licensing for this plot for 100 dorm rooms.Rental income is €500 per room per month amounting to €50K per month – €600K per annum.ROI 11,5%Asking price for the existing building is €2.7MExpecting building costs of the dorms is €2.5MIt is considered as an ideal investment opportunity.
  • Agency
INDEX AI found 1 similar listings.

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