Back

1514m² Commercial for Sale in Strovolos, Nicosia District

ID: 11036929
Posted: 4 weeks ago
Modified: 4 weeks ago

Brand New
1514m²

€2 200 000
+ VAT

Price per m²

€1453/m²

VAT

Not Included in Price

VAT for this property is €387,485 (Reduced 5% rate) or €418,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

Title Transfer Fee

Ref. #: 55079
Plot area: 496m²
Parking: Yes, Covered

Incomplete Mixed-Use building for Sale in Strovolos, Nicosia. Close to amenities and services whereas it enjoys good access to the neighboring villages and the Motorway.

Mixed-Use building for Sale in Strovolos, Nicosia. Upon completion, the building is designed to comprise two floors with four shops on the ground floor and four apartments on the first floor.

More specifically, the layout includes a ground floor shop of approximately 227 sq.m., a mezzanine of approximately 121 sq.m., office spaces of approximately 179 sq.m. per floor on the 1st to 3rd floors, and a spacious 4th floor apartment/penthouse of approximately 194 sq.m.

The basement extends to approximately 435 sq.m. and will accommodate parking spaces and auxiliary/storage rooms. In addition, the property includes approximately 98 sq.m. of covered verandas and 111 sq.m. of communal areas.

Town planning-wise, the property falls primarily within Residential Zone Κα8 (92%), which allows the development of a two-storey building with a building density of 60%, while 8% falls within Agricultural Zone Γα4.