Building (Default) in Engomi, Nicosia for Sale

High yield investment opportunity in a whole building of 2 houses, on ground floor and upper floor. Also, there huge potential, which can built more floors in most popular area of Nicosia in Engomi.

The two-storey building offers it can offer more than 5% yield and consists of two(2) houses, on ground floor and upper-floor.

Ground floor house consist of 2 bedrooms, 1 bath, 1 toilet, living room, dining area, kitchen with living room and terrace.

Upper floor house comprising of 3 bedrooms, one of them en-suite and walk in room, main bathroom, spacious open plan area with a living room and a kitchen which separated with an island and joined to 2 covered verandas, main to living room and smaller to kitchen

Additionally, the property offers an extra built density which is not built yet and can be another 2 floors.

The asset is located within walking distance to all amenities and services, walking distance from European university.

• 576sqm PLOT 
• BD 140%
• BC 50%
• UP TO 4 FLOORS
• ΚΓ3 PLANNING ZONE 

GROUND FLOOR: 

• 165sqm internal area with 29sqm covered veranda and 12sqm uncovered veranda
• Built in 1964 
• Parking Space 
• A/C Split Unit for Cooling and Heating 
• Solar Water
• Furnished 

UPPER FLOOR:

• 175sqm internal area with 20sqm covered veranda 
• Built in 1970
• Fully Renovated in 2009
• Office 
• Parking Space 
• A/C Split Unit for Cooling and Heating 
• Solar Water
• Furnished