Amazing Opportunity

For Sale, Nicosia, Nicosia City Center
Amazing Opportunity
Asking Sales Price: €10,500,000 - €1724.42 Per m2 no V.A.T
Yield: 0%

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For Sale Amazing Opportunity in Nicosia, Nicosia City Center

This asset is a commercial center in Ledras Street, 250m north of Eleftherias Square, in within the walls Nicosia.

The asset comprises of:
-A common area of c. 450sqm
-Shop 1 of 185sqm and a 63sqm mezzanine
-Shop 2 of 177sqm and a 23sqm mezzanine
-Shop 3 of 312sqm and a 145sqm mezzanine
-Shop 4 of 115sqm
-Shop 5 of 75sqm and a 44sqm mezzanine
-The three level underground parking with 154 parking spaces of c. 4,500sqm

The asset also benefits from an unused building density of c. 2.500sqm.

The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial center 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 is partially occupied.

Sales Price:

€10,500,000 - €1724.42 Per m2

Listing Type:

Commercial

Property Type:

Various

Property Status:

Resale

Date Available:

30-01-2023

Living Area:

6089m²

Veranda/Patio:

0.01m²

Total area:

115m² - 6089.01m²

Units:

Working Area:

115m² - 6089m²

Project Info / Price List

Retail Store

Ad#/Sellers Ref	Property Type	Working Area	Total area
15469/A /1	Retail Store	248 m²	248 m²
15469/B /2	Retail Store	200 m²	200 m²
15469/C /3	Retail Store	457 m²	457 m²
15469/D /4	Retail Store	115 m²	115 m²
15469/E /5	Retail Store	119 m²	119 m²