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Property 1110 Nicosia / B-106654

Mixed-use Building For Sale In Scenic Area Of Old Town

-58%

Opportunity!

  • Thumbnail 1 Property 1110 Nicosia / B-106654
  • Thumbnail 2 Property 1110 Nicosia / B-106654
  • Thumbnail 3 Property 1110 Nicosia / B-106654
  • Thumbnail 4 Property 1110 Nicosia / B-106654
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  • Thumbnail 9 Property 1110 Nicosia / B-106654
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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

1,013.51 €

For Sale • Deal

600,000€

Estimated Mortgage

/month

592

m2

384

Plot m2

Community

Property Type

Building

District

Nicosia

Covered/Built m2

592 m2

Plot m2

384 m2

Property Description

A mixed use building, suitable for a variety of purposes, available in the most scenic area of old town, close to Archbishop's Palace and the new Cathedral. The building consists of 4 shops at the ground-floor area, 4 apartments (2 at first floor and 2 at second floor) and a ground-floor parking area. Three of the apartments are internally unfinished as shown in the pictures, giving more possibilities to the buyer. The property has no limitations as it is not considered a preserved construction, increasing even more the buyer's potentials.

The building falls into - residential zone, with 140% building density, 70% coverage and 2 floor allowance (8 meters height).

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 1110 Nicosia / B-106654
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

20,600 €

Transfer Fees Joint Names

17,200 €

Stamp Duty

1,108 €

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