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Mercury Group
For sale: commerce property in Cyprus, Nicosia
- Cyprus, Nicosia
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Property description
ID: CY-35-1-124366
- Cyprus, Nicosia
Object type
Commerce property
Area
370 m2
Category
For sale
Price per m2
€ 1 405
Price
€ 520 000
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For sale business of 370 sq.meters in Nicosia. Shop in Strovolos, Nicosia. The property is a shop in Agios Vasileios quarter in Strovolos. It is located on a corner plot along Strovolou Avenue and Odysseos street. It is situated 135m from Strovolos Town Hall and 580m from Tseriou and Constantinoupoleos junction. The shop has a total covered area of 370sqm out of which 250sqm is the ground floor and 120sqm the mezzanine. On the ground floor, the property consists of an office and an open plan space which is used as a showroom. The mezzanine consists of a WC, a bathroom, a kitchen, an office and a storage space. The shop is currently rented offering high rental yield.
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Nicosia
Object type
Commerce property
Area
370 m2
Category
For sale
Price per m2
€ 1 405
Price
€ 520 000
Currency calculator
From
To
What you should know, purchasing a property in Cyprus
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
Loan left (without loan %):
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Total property cost:
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