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Property 1110 Nicosia / B-110014

Huge Investment Opportunity In Nicosia With A 8-level Building Consisting Of 17 Units.

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For Sale • Deal

3,000,000€

Estimated Mortgage

/month

2329

m2

866

Plot m2

Community

Property Type

Building

District

Nicosia

Covered/Built m2

2329 m2

Plot m2

866 m2

Property Description

This is a huge investment opportunity in Nicosia. An iconic 8 level building right in the heart of Nicosia consisting of 17 units. At the ground-floor there are 5 shops, some in very good condition, and some in the need of renovation. Also at ground-floor and 1st floor, there is a 650sqm of office space, suitable for a variety of purposes.

Floors 2, 3, 4, 5 and 6 feature 2 apartments each (a 2-bedroom and a 3-bedroom) and at the 7th floor, there is a 336sqm penthouse. Most of the apartment would benefit from a renovation. The views from the higher levels of the building are magnificent. The whole building adds up to 2,329sqm of internal areas.

The building features a clear title deed and a final approval by the municipality.

Sustainability

Solar Panels/ Photovoltaic

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 1110 Nicosia / B-110014
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

116,600 €

Transfer Fees Joint Names

113,200 €

Stamp Duty

5,908 €

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