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For Investment Unique Investment 10% return-Two properties in one.Office unit and apartment unit in Nicosia, Ayioi Omologites

This option can provide a 10% return to a potential investor which makes it an excellent investment opportunity

Also Ideal for someone that wants a small office space and to have a adjacent apartment.

It consists of a spacious fully furnished two bedrooms one bath apartment and also has a completely separate unit which is a fully furnished office space of  three rooms which can be rented as office space separately
This asset is located in a very central location close to government buildings, banks, shops, cafes, schools and the park. The apartment is kept in an excellent condition, has a separate kitchen and a lovely living and dining room. The master bedroom is spacious with plenty of storage. A small balcony outside both bedrooms provides the opportunity to enjoy uninterrupted views over the busy road  while allowing the sun to create a very bright and light atmosphere. The other bedroom is a smaller size buts stills with plenty of space for an office desk and a bed, makes it ideal as a kids room or a home office. Large bathroom with a bathtub. This apartment is located on the 3rd floor of a building with offices and flats, there is a lift and a secured entrance. 

The apartment is adjusted to a large office space. It has been separated from the apartment with a plaster board, not visible to both premises. It serves as an office space with three separate rooms fully furnished with office desks, storage. The corner office can double up as a conference room, as there is already a round table with chairs . There is a bathroom and a small entrance who can work as a reception. There is a possibility to combine these two properties together as one spacious apartment.

Both units are vacant but can easily achieve a rent income of 1500 euros combined if both units are rented separately giving the owner a income of 18000 euros annually

Combined area of both premises  140sq.m and the asking price is €189.000, no vat.



Sales Price:
€ 189,000
Title Deed Available
Annual Rent Income:
€ 18,000
Yield:
9.52%
Listing Type:
Residential
Property Type:
Apartment
Property S/Type:
Standard Apartment
Property Status:
Resale
Date Available:
03-05-2024
Living Area:
140m2
Total area:
140m2
Veranda/Patio:
10m2
Bedrooms:
2
WC's:
1
Baths:
1
Kitchen Type:
Separate
Title Deeds:
Yes
Year Built:
1993
Pets allowed:
Not Applicable
Total Floors in the Building:
5
Floor the property is on:
3

Features

Internal

Storage Heater
Air Conditioned
Clothes Cabinet
Marble Counter Tops
Roller Blinds
Laminated Flooring

Furniture & Appliances

Furnished
Oven
Electric Cooker
Refrigerator
Dishwasher
Microwave
Water Kettle
Grill
Washing Machine


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Energy Efficiency Certificate

  • Pending Certification

kgCO2/m2/yr
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