Commercial property for sale in Nicosia, Cyprus

£6,416,698 (€7,500,000)
Interested in this property? Call +44 330 038 8937 * or Request Details

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Commercial property for sale

Property features

  • Earthquake-resistant structure
  • Heart of city center
  • Easy access to main roads
  • Easy access to highway
  • Connected to electric mains
  • Closed offices
  • Main road
  • Near bus route
  • Near amenities
  • Aircondition, Split system
  • Heating, Central

Property description

Amazing, Commercial Building in Nicosia City Center. The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops etc.

It is a six storey building which was constructed 30 years ago (approx.). The vacant plot is asphalted and is used as a parking space.

The building has an enclosed area of 2,500 sqm and consists of 14 shops on the ground floor and 12 offices on the 6 upper floors. All units in the building are vacant.

The property lies within the πεζ planning zone (Commercial Development City Centre Zone), with Building Density of 250%.

The property has the potential for further commercial and residential development.

More importantly, it can also benefit from numerous planning incentives such as a substantial increase in the allowable building density, as it is within the area covered by the "Nicosia City Centre Local Plan".

The Property has a Separate Title Deed.

Extra: Central Heating, A/C, Storage Room, Elevator.

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For more information about this property, please contact
KALOGIROU REAL ESTATE, on +44 330 038 8937 * (local rate)

Contact KALOGIROU REAL ESTATE about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by KALOGIROU REAL ESTATE, and do not constitute property particulars. Please contact KALOGIROU REAL ESTATE for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.