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For Sale Commercial building in Old Nicosia in Nicosia, Nicosia

This asset is commercial building in the within the walls Nicosia. 
The asset has a total area of c. 1080sqm and comprises of the ground floor, basement and first floor of c. 290sqm each and the second floor of c. 210sqm. All levels have an open plan layout. The asset enjoys a road frontage along Ploutarchou and Pericleous Streets. 
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. Ledras Street is one of the main commercial streets of Nicosia with numerous restaurants and shops, which attract a high amount of traffic from both tourists and locals. 
The asset falls within two planning zones: 
-Commercial zone ΕΖ-Εντός with building density coefficient of 160%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m. 
-Residential zone Κα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m. 

Sales Price:
€716,000 - €647.96 Per m2
Title Deed Available
Yield:
4%
Listing Type:
Commercial
Property Type:
Building
Property Status:
Resale
Date Available:
21-11-2019
Working Area:
1080m2
Total area:
1080m2
Units:
4
Extra Storage Space:
Yes

Features

Furniture & Appliances

Unfurnished


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