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Property 1110 Nicosia / O-113648

Renovation-needed Property In Nicosia's Business Center, Including A Surgery Room, 2 Offices, And 4 Rooms.

-55%

Opportunity!

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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

1,090.91 €

For Sale • Deal

240,000€

Estimated Mortgage

/month

220

m2

Community

Property Type

Office

Bathrooms

2

District

Nicosia

Covered/Built m2

220 m2

Property Description

This property, located in the heart of Nicosia's business center, is in need of renovation. The property spans a full floor area of approximately 220 sq.m, plus a 57 sq.m uncovered veranda and a 5 sq.m covered veranda. It currently features a surgery room, 2 offices, and 4 additional rooms, as well as bathrooms and toilets. The property offers the potential for the buyer to renovate the space to match their specific needs.

Exceptional natural light and a recently renovated building entrance add to the property's appeal. Its location is excellent, providing easy access to all amenities, proximity to the city center, and popularity among doctor offices, law firms, and accounting firms. The property, built in 1977, is unfurnished and has an energy efficiency grade of 'not required'. It also includes 2 parking spaces and is currently for sale.

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 1110 Nicosia / O-113648
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

6,200 €

Transfer Fees Joint Names

4,300 €

Stamp Duty

388 €

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