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Acropolis, Nicosia

€860,000  ($990,853)

Fox Smart Estate Agency Nicosia

Fox Smart Estate Agency Nicosia

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $34,680

Average Bank Rate (€860,000)
1 USD = 0.8386 EUR
$1,025,533

Mid-market rate (€860,000)
1 USD = 0.8679 EUR
$990,853

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 7643759 (45991)

Description

Location
• Ideally positioned this impressive commercial property enjoys one of Nicosia’s most sought-after business addresses. It offers exceptional visibility and effortless accessibility.
• The area is a thriving commercial hub, home to a variety of businesses, shops, and offices, while also benefiting from nearby residential neighborhoods.
• Its strategic location provides direct and easy access to Nicosia’s city centre as well as the Nicosia–Limassol motorway.
External Features
• The property forms part of a modern, well-maintained commercial building that enjoys a strong presence.
• It offers both covered and uncovered parking facilities, including two basement spaces (one covered) and three uncovered parking spaces on the ground level—an invaluable advantage for staff and visitors.
• Access to the basement is available directly from the ground-floor shop as well as from the parking area, ensuring convenience and functionality.
Internal Characteristics
The asset consists of three interconnected yet distinct levels, offering flexibility for a wide range of business uses:
• Ground Floor Shop (214 sqm): A spacious open-plan layout complemented by auxiliary spaces and a mezzanine of 75 sqm, ideal for a showroom, retail outlet, or customer service area.
• First Floor Office (96 sqm): A bright, open-plan workspace featuring a welcoming reception area and hygiene facilities. With a separate entrance, it can function independently or in conjunction with the ground-floor shop.
• Basement (150 sqm): A generous open-plan storage area providing ample room for stock, archives, or support operations. It is accessible both from the shop and the parking area for easy logistics.
Advantages & Special Features
• This versatile property offers an outstanding investment opportunity in a highly desirable commercial location.
• Its prime frontage on one of Nicosia’s busiest avenues guarantees excellent visibility and constant exposure to passing traffic.
• The combination of retail and office space under one roof provides exceptional flexibility for business owners or investors seeking rental income from multiple units.
• Additional highlights include ample parking, direct basement access, and modern infrastructure within a professionally maintained building.
The property falls within Commercial Planning Zone Εβ3, allowing for a building density of 160%, coverage of 50%, development up to 6 floors, and a maximum height of 24 meters—offering future development potential in one of the city’s key commercial areas.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€31,000 ($35,717)
If buying on joint names
€27,600 ($31,799)

Disclaimer - Property reference 7643759. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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