Investment Opportunity in a Commercial field in Agios Georgios, Latsia, Nicosia

Commercial field extending to about 651 sq.m. is located next to Giannou Kranidioti commercial avenue at Latsia, Nicosia.
The property abuts a water stream on its western border, has a flat surface and its access is via a registered road with a total road frontage of approximately 4m.
The field benefits from an active rental agreement of a 3.2% rental yield, and a 10% increase every 2 years until 2031.
The asset falls within Zone Εβ4, with a building coefficient of 140%, coverage of 50%, and permission for 4 floors (17m) of construction.