Commercial building in city center, nicosia
Reference ID: #20720Price details: €10,500,000This asset is a commercial center in within the walls Nicosia. The asset comprises of: -A common area of c. 450sqm -Shop 1 of 185sqm and a 63sqm mezzanine -Shop 2 of 177sqm and a 23sqm mezzanine -Shop 3 of 312sqm and a 145sqm mezzanine -Shop 4 of 115sqm -Shop 5 of 75sqm and a 44sqm mezzanine -The three level underground parking with 154 parking spaces of c. 4,500sqm The asset also benefits from an unused building density of c. 2.500sqm. The immediate area of the property comprises of listed buildings of residential and commercial use and is considered to be the traditional commercial centre of Nicosia , one of the main commercial streets of Nicosia with numerous restaurants and shops, which attract a high amount of traffic from both tourists and locals. The asset is partially occupied. The asset falls within two planning zones: -ΠΕΖ with building density coefficient of 180%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m. -ΕΖ with building density coefficient of 160%, coverage coefficient 70%, in 3 floors and a maximum height of 11,5m.
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 22 875 353
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