Property 2360 Agios Dometios, Nicosia / 32709
Prime Commercial Property With Mixed-use Potential In Nicosia, Featuring Shops, Office Space, And Apartment.
24
For Sale • Deal
599,000€
Estimated Mortgage
/month
459
m2
391
Plot m2
Overview
Property Description
Location • Situated in a prime commercial avenue just 350m from Agios Dometios community centre in Nicosia. Building Characteristics • Basement parking spaces and storage rooms.
• Three unified shops on the ground floor, currently housing a commercial outlet. • Vacant office space on the 1st floor, ready for customisation. • Apartment on the 2nd floor, currently utilised as an office and generating rental income.
• Investment Potential:
- • Current ROI stands at 3.8% with potential to increase to 6.1% upon leasing the vacant office space on the 1st floor.
Zoning and Features:
- • Falls within Zone Πα8α with favourable building regulations.
- • Building coefficient of 140% and coverage of 70%.
- • Permissible construction of up to 2 floors (7m).
- Advantages - Special Features
- • Profitable mixed-use building with easy access to Nicosia city centre.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Unfurnished
Location
51.25 kms
109.74 kms
0.48 kms
0.84 kms
1.38 kms
1.81 kms
2.21 kms
2.22 kms
2.30 kms
2.61 kms
2.84 kms
3.29 kms
3.65 kms
4.91 kms
5.25 kms
2.27 kms
2.74 kms
2.98 kms
3.73 kms
3.89 kms
3.92 kms
4.21 kms
4.38 kms
4.81 kms
5.42 kms
7.93 kms
8.34 kms
Transfer Fees
Transfer Fees Individual
20,560 €
Transfer Fees Joint Names
17,160 €
Stamp Duty
1,106 €