Property 1110 Nicosia / B-72537
3-floor Corner Building In Prime Location With Shops, Apartments, And Parking Spaces.
-52%
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
1,145.27 €For Sale • Deal
1,900,000€
Estimated Mortgage
/month
1659
m2
958
Plot m2
Overview
Property Description
For sale, a 3-floor corner building on a plot of 958 sq.m. located in a prime location in Nicosia. The property is situated on a busy main road and consists of 2 spacious shops on the ground floor with a total area of approximately 544 sq.m. plus a mezzanine of approximately 272 sq.m.
Additionally, there are 7 parking spaces available. The first and second floors comprise a total area of approximately 843 sq.m. and consist of 10 apartments, including 6 one-bedroom units, 2 two-bedroom units, and 2 three-bedroom units. The building also has provision for two additional floors.
The rent receivable for 2019 is EUR90,000, making it an excellent investment opportunity. A must-see!
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Unfurnished
Location
48.49 kms
112.51 kms
0.94 kms
1.15 kms
1.47 kms
1.58 kms
1.60 kms
2.14 kms
2.18 kms
2.46 kms
2.54 kms
2.98 kms
3.32 kms
3.44 kms
5.40 kms
0.05 kms
0.26 kms
0.35 kms
0.56 kms
0.71 kms
0.84 kms
1.05 kms
1.26 kms
2.24 kms
3.12 kms
4.58 kms
4.71 kms
Transfer Fees
Transfer Fees Individual
72,600 €
Transfer Fees Joint Names
69,200 €
Stamp Duty
3,708 €