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Property 1110 Nicosia / 43195

Mixed-use Building In Old Nicosia, Ideal For Investment.

-63%

Opportunity!

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Why is this Property Classified as an Opportunity?

Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.

Nicosia Indicative Price

2,410.67 €

This Property

897.67 €

For Sale • Deal

500,000€

Estimated Mortgage

/month

557

m2

234

Plot m2

Community

Property Type

Building

District

Nicosia

Covered/Built m2

557 m2

Plot m2

234 m2

Property Description

Location:

  • - Situated in a highly privileged area in the heart of old Nicosia
  • - Within walking distance to Nicosia Municipality
  • - Close to schools, cafes, shops, and a wide range of amenities and services

External Features:

  • - Two-storey mixed-use building
  • - Comprises 4 shops on the ground floor
  • - Includes 5 apartments across the first and second floors

Internal Characteristics:

  • - Ground Floor: 124 sqm
  • - First Floor: 216 sqm interior space + 20 sqm covered verandas
  • - Second Floor: 217 sqm interior space + 20 sqm covered verandas

Advantages & Special Features:

  • - Bright and airy spaces throughout
  • - Offers a very nice view of the surrounding old town area
  • - Ideal for investment with both residential and commercial potential

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 1110 Nicosia / 43195
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

16,600 €

Transfer Fees Joint Names

13,200 €

Stamp Duty

908 €

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