€4,612,000 $4,807,747
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Pay in USD and save up to $168,271Key features
- Listing ID: 1650478 (47149)
- Plot: 2330 sqm
Description
Commercial Mixed Used property for sale in Strovolos area, Nicosia. The property is situated close to Anthoupolis roundabout. The surrounded area offers several amenities (schools, pharmacies, cafes) and easy access to main roads. It is also located at a strategic location, near Limassol Avenue, a bustling commercial hub, ensuring high visibility, traffic and parking spaces as well, and near Three-Road Frontage, factor that offers an exceptional accessibility from all directions, ideal for businesses seeking maximum exposure.
The property consists of two adjacent plots, the first with internal area of 511sq.m. and the second one with 1819sq.m. There is a display area of 200sq.m of internal area, a warehouse of 480 sq.m. of internal area and an office place of 800 sq.m of internal area into the second plot.
The potential for revitalization or redevelopment is great, making it an attractive prospect for various business ventures. It also presents a variety of opportunities for businesses, including showrooms, DIY centers, warehouses, and various other uses in alignment with local planning regulations and potential planning authority approvals.
The plots fall within planning zones Εβ2, with 160% of building density, coverage of 50%, and permission for 6 floors (24m) of construction.
Asking price for the specific asset is negotiable.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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