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Pay in USD and save up to $40,746The property is a mixed-use building in the Old Nicosia Centre, Nicosia Municipality. It is located 500m from Eleftheria Square and 80m from Ledra Street.
The building consists of three shops on the ground floor, an exhibition space on the first floor, and a bar located on the rooftop terrace.
It has a covered area of 725 sqm and 35 sqm covered verandas.
The two shops on the ground floor are tenanted, offering a steady return. The third shop on the ground floor and the first floor is vacant.
The property has a premium position in the Old Centre of Nicosia, surrounded by shops, restaurants, and services.
Occupancy Status: Partly Occupied
Year of construction: 1955
Title Deed Reg. No.: 1/537
Town Planning: ΕΖ-ΕΝ
Town planning zone: Commercial
Building density: 160 %
Coverage ratio: 70 %
Max floors: 3
Max height: 11.50 m
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.
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