#7187
For Sale, Commercial Building in Nicosia
€2,250,000
#7187
For Sale, Commercial Building in Nicosia
€2,250,000
354m²
-
354m²
-
Resale 1970
Commercial Building and plot in a central location
Four-storey commercial building and an empty plot centrally located in Agios Antonios, Nicosia. The ground floor consists of a shop/showroom and a bathroom.The mezzanine consists of offices, storages and bathrooms. The 1st, 2nd and 3rd floors consist of offices, meeting rooms, kitchen and bathrooms.
The property falls within Zone ΕΖ-κ, with a building coefficient of 200%, coverage of 60%, and permission for 6 floors (24m) of construction. Incentives provided by the council of ministers suggest that subject to approval and acquiring the necessary permits, the property can benefit from a building coefficient of 300%, coverage of 60%, and permission for 8 floors of construction.
The commercial plot extends to about 722sq.m. in total. It has a rectangular shape with a flat surface and a total frontage of approximately 22m. Access to the plot is via a registered road which is facing the southern side of the property.
Property Info
7187
€2,250,000
Nicosia
Details
Building Type:
Commercial Building
Construction Stage:
Resale
Floor Number:
0
Construction Year:
1970
Renovation Year:
1980
Areas
Covered Area:
354m²
Plot Area:
1,456m²
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Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.
