Building for sale in Nicosia Walled Old City, Nicosia

This asset is a mixed-use building in Faneromeni, within Nicosia’s old city walls. The asset is adjacent to Perikleous Street with a road frontage of 12m, c. 320m north of Eleftherias square, c. 200m northeast of Solomou square and c. 90m west of Ledras Street. The asset has a total area of 316sqm. The ground floor comprises of three shops with mezzanines. On the first floor, there is one three-bedroom apartment. On the second floor, there is a two-bedroom and a one-bedroom apartment. All apartments consists of an open plan living room and kitchen, bedrooms and a bathroom. The immediate area of the property is within the old city walls of Nicosia comprising of listed buildings of residential and commercial use and is the traditional commercial centre of Nicosia. The asset falls within planning zone Kα-α with building density coefficient of 140%, coverage coefficient 70%, in 2 floors and a maximum height of 8m. Reg.No. : 3/1171 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.