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Building for sale in Nicosia Walled Old City, Nicosia

Nicosia Walled Old City, Nicosia, Cyprus
Building for sale in Nicosia Walled Old City, Nicosia 172 Nicosia Walled Old City
Offers in the region of
522500 €522,500  ($563,013)
Building
Nicosia Walled Old City, Nicosia
Offers in the region of

€522,500  ($563,013)

Bank Owned Property

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Compared currency flag Pay in USD and save up to $19,705

Average Bank Rate (€522,500)
1 USD = 0.8967 EUR
$582,718

Mid-market rate (€522,500)
1 USD = 0.9280 EUR
$563,013

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: 830532 (28112)
  • Resale built in 1980

Description

This asset is commercial building in Agios Savvas, within the walls of Nicosia. The asset is adjacent to Aristidou and Thrakis Streets, c. 260m east of Ledras street, c. 100m northwest of ‘OXI’ roundabout and c. 300m northeast of Eleftherias Square. The asset comprises of: -Three shops on the ground floor with a total area of 297sqm. -An office of 285sqm on the first floor. -An office of 248sqm on the second floor. -An incomplete third floor of 162sqm. Access to the floors is provided via a staircase, while there is also a commercial elevator connecting the ground floor with the second floor office. 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. The asset falls within commercial planning zone ΠΕΖ-Εντος, with building density coefficient of 180%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m. Reg. No. : 1/695, 1/673 EPC: Energy Class C for the ground floor and Energy Class D for the first, second and third floors. All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

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