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Commercial Building
Nicosia Municipality, Nicosia

€12,400,000  ($14,099,898)

Monday Square

Monday Square

Registration Number: 1298 License Number: 453/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 $493,496

Average Bank Rate (€12,400,000)
1 USD = 0.8497 EUR
$14,593,394

Mid-market rate (€12,400,000)
1 USD = 0.8794 EUR
$14,099,898

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: 7549720 (2891)
  • Plot: 2964 sqm

Description

This offering comprises two adjacent plots with mixed-use three-storey buildings, located in the heart of Nicosia. The properties are situated just 900m northwest of The Landmark Hotel, 550m south of Eleftheria Square, and approximately 1.7km from the Presidential Palace, offering excellent visibility and accessibility.

Three-Storey Commercial Building with Parking:

A modern mixed-use building with basement, ground floor, two upper levels, and dedicated parking area.

Ground Floor: Cosmetics retail unit (two entrances, escalator, two elevators, staircase), supermarket with aisles, refrigeration and four cash registers, plus office wing with three offices, restroom and loading/unloading bay.

Basement: supermarket storage with cold rooms and an additional retail display area (clothing) with fitting rooms.

First Floor: open-plan product display area, fitting rooms, men’s and women’s restrooms, and a server room.

Second Floor: restaurant/cafeteria (open dining, kitchen, storage, cashier, restrooms), staff facilities (locker rooms, cleaner’s store, meeting room, kitchen) and refrigeration area.


Mixed-Use Three-Storey Building:

A second building consisting of:

Ground Floor with mezzanine: open-plan retail unit.

Two upper floors: three apartments in total.

Land & Planning Details

Retail Building – 2,438 m²
• Zone ΠΕΖ (62%): Building Coefficient 250%, Coverage 70%, no floors permitted
• Zone ΕΖ-κ (38%): Building Coefficient 200%, Coverage 60%, up to 6 floors (24m)

Mix Use Building – 526 m²
• Zone ΠΕΖ: Building Coefficient 250%, Coverage 70%, no floors permitted

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
€492,600 ($560,130)
If buying on joint names
€489,200 ($556,264)

Disclaimer - Property reference 7549720. 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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