Cyprus Real Estate Marketplace

387m² Commercial Property for Sale in Nicosia - City Center

  • 2
  • Brand New
  • 387m²
  • City view
  • €475 000
  • + VAT
Price per m²
€1227/m²
VAT
Not Included in Price
VAT for this property is €64,475 (Reduced 5% rate) or €90,250 (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 Deed
No Title
Title Transfer Fee
No
  • Ref. #: DP-CY12128
  • Energy Efficiency: C
  • Guest WC

The property is a mixed use building located in Onasagorou street, Nicosia’s commercial center and pedestrian-only shopping streets. The ground floor consists of two shops and a storage area of approximately 12 sqm. Each shop has approximately 62 sqm. of internal areas consisting of exhibition areas and a guest toilet. The first floor of approximately 142 sqm., and the second floor of approximately 120 sqm., according to the architectural plans consists of multiple office spaces with a common kitchen and sanitary area. The property falls within Zone ΠΕΖ-εν, with a building coefficient of 180%, coverage of 70%, and permission for 3 floors (11.5m) of construction.

  • Minucipality: Nicosia - City Center
  • District: Nicosia

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