Financing is provided by tbi bank and not from the property owner.
Final interest rate will be defined based on the applicant’s profile and may differ.
Amount up to 15,000 EUR
Money to Your bank account in any bank rapidly
Financing for whatever you need - Renovation, moving, equipment or other needs - you decide where to use the amount
Fixed interest rate from 9.9%. You know from the beginning what you are paying
No down payment, no collateral required
Description
Commercial building in an excellent location in Strovolos, which is considered one of the busiest Avenues of Nicosia.
The building is in a very good condition and consists of two basements with parking spaces, two ground floor shops with mezzanine level and offices on the upper floor. The area of the shops is 300 sqm, the mezzanine 155 sqm, the offices 250 sqm and the basements 1,100 sqm.
The property is rented for 6,780 Euros/month with a return of 4.4%. One office on the 1st floor is vacant.
It needs to be noted that the property falls within the commercial zone Εβ3 which allows for a building factor of 160%, and for the construction of a six-storey building.