Great Investment Six Storey Building in City Center

For Sale, Nicosia, Nicosia City Center
Great Investment Six Storey Building in City Center
Asking Sales Price: €9,000,000 - €2586.21 Per m2 no V.A.T
Yield: 0%

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For Sale Great Investment Six Storey Building in City Center in Nicosia, Nicosia City Center

The properties for sale are a commercial building and an empty building plot, located in a unique and central location in Trypiotis Quarter in Nicosia Municipality. The property operates as a unified property. In the surrounding area, there is a plethora of amenities and services such as banks, restaurants, cafes, shops and residential and commercial buildings. It is a six storey building which was constructed 30 years ago (approx.). The empty building plot is used as a parking space. The building has an enclosed area of 3,400sqm and is consisted of 14 shops in the ground floor and 12 offices on the 6 above floors. Part of the shops and offices are currently rented. The property has the potential for further 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.

Sales Price:

€9,000,000 - €2586.21 Per m2

Listing Type:

Commercial

Property Type:

Various

Property Status:

Resale

Date Available:

30-01-2023

Living Area:

3400m²

Veranda/Patio:

80m²

Total area:

14m² - 3480m²

Units:

Working Area:

14m² - 3400m²

Project Info / Price List

Office

Ad#/Sellers Ref	Property Type	WC's	Working Area	Total area
15571/A /8	Office	1 No.s	112 m²	112 m²
15571/B /9	Office	1 No.s	85 m²	85 m²
15571/C /10	Office	1 No.s	14 m²	14 m²
15571/D /12	Office	1 No.s	75 m²	75 m²
15571/E /11	Office	1 No.s	172 m²	172 m²
15571/F /1/3	Office	1 No.s	535 m²	535 m²
15571/G /4	Office	1 No.s	112 m²	112 m²
15571/H /5	Office	1 No.s	111 m²	111 m²
15571/I /6	Office	1 No.s	216 m²	216 m²
15571/J /7	Office	1 No.s	112 m²	112 m²
15571/K /14	Retail Store	1 No.s	146 m²	146 m²
15571/L /13	Retail Store	1 No.s	30 m²	30 m²
15571/M /1/3/5	Retail Store	1 No.s	120 m²	120 m²
15571/N /7	Retail Store	1 No.s	54 m²	54 m²
15571/O /9	Retail Store	1 No.s	54 m²	54 m²
15571/P /11	Retail Store	1 No.s	54 m²	54 m²
15571/Q /2/4/6	Retail Store	1 No.s	120 m²	120 m²
15571/R /8/10/12	Retail Store	1 No.s	162 m²	162 m²