property image
12
Commercial Building
11744

Commercial Building with Two Shops and Two Houses in Panagia, Nicosia Municipality

€500,000
Nicosia Municipality, Nicosia
Status
Resale
Title deed
Yes
Covered
378 m²
Plot
549 m²

Plot size 549 sqm.

“Εβ3” zoned commercial building/plot.

It is in need of a full renovation.

It has an unexhausted building density for 4 more floors

Potential for commercial/mixed-use development (subject to obtaining all necessary consents).

Currently comprises two shops and two houses.

Approximately 23 metres road frontage on a busy road near to a very busy junction.

Interested parties are recommended to undertake their own enquiries to confirm property measurements.

With Title Deeds.

It is situated approx. 650m from Sopaz roundabout and Ammochostou avenue.

The immediate area of the property is mainly characterized by mixed-use development and mainly consists of shops, offices, apartments, and houses.

The property benefits from easy access towards the rest of the city and it is close to many services, amenities, and schools.

The property falls within the Eβ3 Commercial Zone which allows for 160% building density, 50% building coverage, 6 floors and up to 24 meters height.

For more information please contact us

Mortgage calculator

€1,686
€1,686

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