Land for sale in City Centre, Nicosia, Cyprus

Property Description:

A 2-storey building dating back to 1963, with the total area of 1733 sq.m., located on a plot of land of 1508 sq.m. The property is listed under commercial zone ez - δ, having the following characteristics: Land-to-building ratio of 2:1 power factor 0,60:1, number of floors 8-10. Permitted types of use: Combined (shops, offices, cinema screening halls, hotels, recreational centers, entertainment facilities and cultural attractions). The building has not been subject to renovation and is currently equipped for an office, however is not actively being used. Aside from the 2 floors, the building includes an additional basement level of 8 sq.m. The ground floor is 730 sq.m., the 1st is 594 sq.m. The terrace has the area of 29 sq.m. And the two verandas are respectively 75 sq.m. And 305 sq.m. In size. The building is in need of renovation, partial installation of new windows and sanitary equipment.

Location:

The building is located in the capital city of Cyprus - Nicosia, in the area of Tripiotis. Since the location is central, all the necessary amenities are available in close proximity, including bank branches, a municipality building, supermarkets and the central bus station on Solomos square.

Property Details:

Basement: 8sq.m.
Completion: 1963
Cov. Area m2: 1733
Title Deeds: Yes
Condition: Resale
Veranda m2: 29 + 75 + 305
Plot Area m2: 1508