Property 2682 Palaiometocho, Nicosia / 34197

Modern Industrial Warehouse With Flexible Zoning And Strategic Location In Palaiometocho / Kokkinotrimithia.

-75%

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

608.00 €

For Sale • Deal

684,000€

Estimated Mortgage

/month

1125

3080

Plot m2

Overview

Community

Palaiometocho

Property Type

Warehouse

District

Nicosia

Covered/Built m2

1125 m2

Plot m2

3080 m2

Property Description

Location:

• Situated in the vibrant industrial zone of Palaiometocho / Kokkinotrimithia, the property enjoys proximity to key landmarks such as Neo Plaza and Nicosia Mall, enhancing accessibility and convenience.

External Features:

• Constructed in 2003, the property embodies modern design principles and quality craftsmanship, ensuring durability and functionality.
• Flexible Zoning: Positioned within Industrial Zone B1, the property benefits from a favorable zoning status with 90% building density and 50% building coverage, allowing for versatile usage and expansion potential.

Internal Characteristics:

• Boasting a generous internal area of 1,125sqm along with an additional mezzanine spanning 401sqm, this warehouse offers ample space for various industrial operations.

Advantages - Special Features:

• With easy access to major transportation arteries including Nicosia Troodos highway and proximity to Nicosia city center, New Plaza, and Nicosia Mall, this freehold industrial warehouse presents strategic advantages for businesses seeking optimal connectivity and accessibility.