Commercial property for sale in Kaimakli, Nicosia, Cyprus

Four-storey residential building with a basement in a very good location in Kaimakli Quarter in Nicosia Municipality. It is located at a distance of 880 meters (approx.) northwest of “Bata” roundabout and 300 meters (approx.) north of Agiou Ilarionos avenue. Along Agiou Ilarionos avenue there is a plethora of amenities and services such as shops, schools, restaurants, bakeries etc. In addition, the center of Nicosia and the “Frederick” University are also a short drive away.
The building was constructed around 2011 and its level of construction and maintenance is good. It consists of a ground floor and three upper floors with 8 two-bedrooms apartments. The basement consists of parking spaces. It is noted that the two apartment on the third floor are incomplete since there are minor construction works to be completed. The area of the internal spaces Is 728 sqm (approx.) and the covered verandas 72 sqm (approx.). It is noted that the building corresponds to the 1/2 share of the property.
Five out of eight apartments are rented. The building is considered as an appealing investment opportunity.
Year built: 2010
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