Investment Opportunity: Mixed-Use Building in Anthoupoli, Lakatamia, Nicosia – id S3692

The property is a mixed-use building located within the Lakatamia municipality – Anthoupoli quarter, in Nicosia.andlt;br /andgt; andlt;br /andgt; The building was constructed in 2001 on a registered plot of 567 m², which abuts on Agiou Georgiou avenue along its southwest boundary with a frontage of approx. 23 meters. andlt;br /andgt; andlt;br /andgt; The ground floor comprises three units, all occupied each with a mezzanine level. andlt;br /andgt; The two western units have been unified to form a coffee shop, while the eastern unit is a bakery. andlt;br /andgt; Access to the mezzanines is provided by internal staircases, featuring 2 toilets and a storage area.andlt;br /andgt; andlt;br /andgt; Additionally, there is a vacant apartment on mezzanine level, situated at the northern end of the building. andlt;br /andgt; This apartment consists of 2 bedrooms, a bathroom, a kitchen, and a dining/living area. Access to the apartment is via a staircase located on the eastern side of the building.andlt;br /andgt; andlt;br /andgt; The potential yield of the building (when the apartment is rented) will range between 5.5% and 6.00%.andlt;br /andgt; andlt;br /andgt; The building is strategically located, on Ayiou Gergiou Avenue in Anthoupoli, approximately 1.7 km southwest of the Anthoupolis Junction and 2.4 km southeast of Nicosia Mall.andlt;br /andgt; andlt;br /andgt; The property falls within Zone Εβ5, with a building coefficient of 30%, coverage of 20%, and permission for 2 floors (8.3m) of construction.