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Two-storey building in a Akaki Community in Nicosia District, close to Community center and close from Akaki Gymnasium.
The property is located on Nicosia – Troodos main road and is situated close to all necessary amenities and services such as supermarkets, shops, cafes. In addition, it has excellent access to the neighboring communities.
The building was constructed in 2012 and is in an excelent condition and maintenance. It consists of a ground floor shop and offices in the mezzanine level and the 1st floor. The basement consists of parking and storage spaces.
The area of the ground floor is 459 sqm (approx.), the mezzanine level 366 sqm (approx.), the 1st floor 474 sqm (approx.) and the basement 588 sqm (approx.).
The building is rented with a rent of €5.000/month and a yield of 4%. It is considered as an appealing investment opportunity.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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