Property 2000 Strovolos, Nicosia / B-103167
Incomplete Commercial Building And Adjacent Land For Sale In Strovolos, Nicosia. Potential For Various Retail Uses.
-94%
Opportunity!
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
147.58 €For Sale • Deal
2,500,000€
Estimated Mortgage
/month
16940
m2
2353
Plot m2
Overview
Property Description
This asset on offer is an incomplete commercial building and an adjoining piece of land situated in Strovolos, Nicosia. The commercial building boasts a ground floor showroom measuring 319sqm, complemented by a 159sqm mezzanine. It also includes two office floors, each 382sqm, a third-floor apartment of 195sqm, and a two-level basement of 1457sqm. The undeveloped adjoining land has an area of approximately 1240sqm.
The shop within the building features a large storefront, making it suitable for a variety of retail uses. The asset enjoys impressive accessibility due to its close proximity to the Nicosia peripheral road. The immediate vicinity comprises both residential and commercial developments, particularly along Kantaras Avenue. The property falls within two planning zones - E5 and K5, both allowing for a maximum building height of 13.5m.
The asset is available for purchase.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Unfurnished
Location
45.73 kms
108.58 kms
3.03 kms
3.29 kms
3.76 kms
3.77 kms
4.31 kms
4.89 kms
4.91 kms
5.01 kms
5.29 kms
5.43 kms
5.45 kms
5.81 kms
5.83 kms
2.53 kms
5.07 kms
5.07 kms
5.26 kms
5.33 kms
5.36 kms
5.46 kms
5.55 kms
5.61 kms
6.10 kms
6.25 kms
6.39 kms
9.11 kms
Transfer Fees
Transfer Fees Individual
96,600 €
Transfer Fees Joint Names
93,200 €
Stamp Duty
4,908 €