Property 1110 Nicosia / 34314
Modern Cafe In The Heart Of Nicosia With Diverse Event Venues And Excellent Coffee.
-69%
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
755.56 €For Sale • Deal
68,000€
Estimated Mortgage
/month
90
m2
Property Description
Location:
- - Situated in the heart of Nicosia, Cyprus
- - Quiet area with easy access to parking
- - Located in a modern building constructed in 2009
- - Off a main avenue in Nicosia
- - Surrounding establishments include offices, a bank, and shops
- External Features
- - Modern building with a contemporary façade
- - Accessible parking nearby
- - Outdoor verandah space available
- - Visible signage indicating the cafe's presence
Internal Characteristics:
- - Operating hours: 8am - 4pm, 7 days a week
- - In-house staff ensures smooth operation
- - Renowned for excellent brewed coffee and healthy snacks
- - Offers brunch and lunch options
- - Popular weekend brunch with up to three sittings
- - Licensed for food preparation and alcohol consumption on premises
- - Fully equipped kitchen with high-quality appliances
- - Indoor and outdoor furniture provided
- - Diverse event venues including high tea, happy hour, and pop-up shops
- - Caters to private parties, baby showers, and promotional events
- - Outsourcing sweets and pastries to smaller cafes
The Goodwill Sale:
- - Business commenced operations in April 2018
- - Well-established reputation and customer base
- - Unique selling points: excellent coffee, diverse menu, event hosting capabilities
- - Licenses and permits in place, including Cafeteria B license
- - Fully equipped premises with modern amenities
- - Dimensions: ground floor (90 sq meters), mezzanine (45 sq meters), verandah (25 sq meters)
- - Three-phase current of 40 ampere for electrical appliances
- - Available for viewing by appointment
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
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
1,020 €
Transfer Fees Joint Names
1,020 €
Stamp Duty
95 €