Engomi, Nicosia

The residence

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