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Showroom
Nicosia Municipality, Nicosia

€520,000  ($594,307)

Mesitis Real Estate

Mesitis Real Estate

REGISTERED & LICENCED REAL ESTATE AGENT Α.Μ. 750, Α.Α. 402/Ε

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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 $20,801

Average Bank Rate (€520,000)
1 USD = 0.8454 EUR
$615,108

Mid-market rate (€520,000)
1 USD = 0.8750 EUR
$594,307

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: 1659743 (39536)

Description

Discover an incredible investment opportunity with this spacious 470 sq.m. showroom located in a quiet and sought-after neighborhood in Pallouriotissa, Nicosia. Just minutes away from a nearby university, this property offers endless possibilities for residential, commercial, and community uses.
With its location and adaptable layout, this property is ideal for investors, developers, and entrepreneurs looking to create something truly unique.

Property Features:

Total area: 470 sq.m.

Located in a quiet neighborhood, offering privacy and serenity.

Close proximity to a university and local amenities.

Open-plan layout, suitable for various conversions.

Easy access to main roads and public transportation.

Potential Uses:
Convert the space into at least four stylish lofts or apartments, ideal for families or young professionals.

Student Dormitories:
The nearby university makes this an excellent option for creating student housing with shared or private rooms.

Co-Living Spaces:
A modern concept catering to students and professionals looking for affordable shared living.

Luxury Penthouse:
Develop a high-end residential unit for exclusive buyers.

Commercial Opportunities
Offices:
Design modern office spaces to meet the growing demand from local businesses and startups.

Co-Working Hub:
Flexible workspaces for freelancers and small teams, complete with shared amenities.

Warehouse/Storage Facility:
Ideal for secure storage units for businesses or personal use.

Educational and Training Uses
Training Center:
Host workshops, professional courses, or corporate training sessions.

Research Lab:
Collaborate with the nearby university to establish a specialized research facility.

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
€17,400 ($19,886)
If buying on joint names
€14,000 ($16,001)

Disclaimer - Property reference 1659743. 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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