Cyprus Real Estate Marketplace

1204m² Building for Sale in Aglantzia, Nicosia District

  • ID: 285847
  • Posted: 1 year ago
  • Modified: 2 weeks ago
  • Views: 6
  • Pre-Owned
  • 1204m²
  • 1990 and older
  • €2 400 000
  • ↓ €500 000 (17.24%)
Price per m²
€1993/m²
Title Transfer Fee
~€92,600

Price History

  • Ref. #: 7947
  • Plot area: 1236m²
  • Energy Efficiency: N/A

The asset is a two storey mixed-use building known as ‘Wights Tower’ in Aglantzia. It owns a prime location with high visibility on Limassol Avenue. It is adjacent to the Aluminium Tower and is located 1.5km from the city center.

The building has a total covered area of 1,204sqm. The ground floor consists of three retail units with a total area of 550sqm and 268sqm mezzanine. The first floor consists of an apartment of 134sqm (currently used as part of a gym) and a vacant office area of 252sqm. The building also benefits from a basement parking area.

A Planning Permit has been submitted for a mixed-use building. The planning permit includes:
– Ground Floor: Two spacious shops/showrooms/offices offering flexibility for retail or office use, along with a convenient mezzanine level.
– First/ Second / Third / Fourth Floor: Office spaces, office areas with an open-plan area, conference rooms, kitchen facilities, and verandas.
– Basement: Parking spaces and additional storage rooms.

Energy Performance Classifications for the shops: Energy Class C
Energy Performance Classifications for the Gym: Energy Class D
Energy Performance Classifications for the restaurant: Energy Class D

The property is owned by Beretse Limited, an SPV, wholly owned by Gordian Holdings Ltd.

  • €2 400 000
  • ↓ €500 000 (17.24%)
Price per m²
€1993/m²
Title Transfer Fee
~€92,600

Price History

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