Enclosed area: 480 m2
Land: 744 m2
Year built: 1992
Title deed: The property has a separate title deed
Air condition
Storage room
Two –storey building with basement in Kakopetria Community in Nicosia District, at a distance of 100 meters (approx.) northwest of the community center and 70 meters (approx.) southeast of Agiou Panteleimona Church.
The property is situated close to all necessary amenities and services. It enjoys good access to the motorway and the neighboring communities.
The building was constructed in 1992. It was renovated and its level of construction and maintenance is good. The ground floor operates as bank branch. The 1st floor consists of conference rooms and hygiene areas. The basement consists of parking spaces and storages. The area of the ground floor is 360 sqm (approx.), the first floor 120 sqm (approx.) and the basement 200 sqm (approx.).
The ground floor and the basement are rented to a bank for €1820/month with a yield of 3.9%. The 1st floor is vacant.
The property has the potential to offer a yield of 5% and above.
a-10271