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Property 1110 Nicosia / B-73390

For Sale: Unfurnished, Mixed-use Building Located In The Heart Of Nicosia, Faneromeni. Constructed In 2018, It Has A Plot Size Of 384 Square Meters.

  • Thumbnail 1 Property 1110 Nicosia / B-73390

For Sale • Deal

1,000,000€

Estimated Mortgage

/month

540

m2

384

Plot m2

Community

Property Type

Building

District

Nicosia

Covered/Built m2

540 m2

Plot m2

384 m2

Property Description

This mixed-use building, currently available for sale, is situated in the vibrant community of Faneromeni, right in the center of Nicosia. The property, which was built in 2018, stands on a plot of 384 square meters. It boasts a building density of 280% and a coverage ratio of 70%, making it an excellent choice for investors or businesses looking for a strategic location in the city. The building is currently unfurnished, providing a blank canvas for the new owners to decorate and design according to their preferences and needs.

Despite being a resale, the building has been kept in excellent condition. Its energy efficiency grade is currently pending certification. With an internal area amounting to 540 square meters, the property offers ample space for various uses. The price per square meter is at 1851.85, which is competitive in the current real estate market.

As a mixed-use building, it holds great potential for different types of businesses or could be transformed into a profitable rental property. Its central location in Nicosia, one of the most bustling districts, adds to its appeal, ensuring high visibility and accessibility. This property is a valuable investment that combines functionality, flexibility, and a prime location.

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 1110 Nicosia / B-73390
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

36,600 €

Transfer Fees Joint Names

33,200 €

Stamp Duty

1,908 €

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