6210m² Building for Sale in Nicosia District

Nicosia district Posted 2 years ago Updated 2 months ago

5+Bathrooms

6,210 m²Covered area

Pre-OwnedCondition

1991-2000Built

Storage room

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1st Class Homes Agency · R.N.:690 L.N.:367/E 6,704 for sale

About this home

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A commercial center in within the walls Nicosia.
It comprises of:

A common area of c. 450sqm
Shop 1 of 185sqm and a 63sqm mezzanine
Shop 2 of 177sqm and a 23sqm mezzanine
Shop 3 of 312sqm and a 145sqm mezzanine
Shop 4 of 115sqm
Shop 5 of 75sqm and a 44sqm mezzanine
The three level underground parking with 154 parking spaces of c. 4,500sqm

The building also benefits from an unused building density 2.500sqm.
The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia , one of the main commercial streets of Nicosia with numerous restaurants and shops, which attract a high amount of traffic from both tourists and locals. The asset is partially occupied.

Reference: 20720
Property type: Building
Construction year: 1991-2000
Title deed: Has Title

What it will really cost

Asking price€10,500,000

Title transfer fee ~€416,600

Title deedHas Title

Estimated total€10,916,600

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

How the price compares

13% above
average

At €1,691/m² compared with an average €1,500/m² across 129 similar listings — building in Nicosia.

Asking price per m²This home

Average €1,500 This home €1,691

€628€2,062€3,495

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