Com­mer­cial Build­ing & Plot in Nicosia

#13477 Commercial Building & Plot in Nicosia

Four-storey commercial building and an empty plot centrally located in  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.

1980 renovated
 

Main information
  • Region Nicosia
  • District Centre
  • Location Centre
  • Sale price €2,900,000
Details
  • Year built 1970
  • Plot size 1565 m2
Features
  • Re sale
  • Subject to VAT
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