Development Opportunity in a Commercial Building & Plot in Nicosia City Center
For Sale / EUR 2.250.000 (VAT not included)
77775070
or +357 95598488
Property ID:
VL23523
Office Code:
NEAL
Type:
Shop
33
2
243
Area:
Town Center
District:
Nicosia
Covered Internal Area:
354 m2
Plot Size:
1.456 m2
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DESCRIPTION
Four-storey commercial building and an empty plot centrally located in Digeni Akrita Avenue 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.
This property consists of:
Property with registration number 24/1706
Property with registration number 24/1705
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.
This property consists of:
Property with registration number 24/1706
Property with registration number 24/1705
MAIN PROPERTY FEATURES
This shop in Town Center, Nicosia is being offered for sale at EUR 2.250.000 (VAT not included).
To arrange an appointment to view this and any other property from our website, please call or email us directly.
