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Building for sale EXCLUSIVELY by Fox - near the Landmark Hotel


Agios Antonios, Nicosia

6 BATH | REF: B-104220
€900,000
ENQUIRE NOW
Available
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus
Property for Sale in Nicosia, Agios Antonios, Cyprus

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Bathrooms
6
Internal Area (sq.m.)
750m2
Plot/land (sq.m.)
887m2

Property Details

Property Details
  • For Sale
  • Property Type: Building
  • Property Subtype: Mixed use
  • Property Label: Investment Property and Development Property
  • Location: Nicosia, Agios Antonios, Cyprus
  • Internal Area: 750sqm
  • Covered Verandas: 30sqm
  • Bathrooms: 6
  • Price: €900,000
  • VAT: Included
  • Loan Installment: €4,412

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Assumptions:
Closing Price: €900,000
Own Contribution (30%): €270,000
Loan Amount (70%): €630,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 52 Years
  • Renovation Year: 2000
  • Total No of Floors: 3
  • Plot/Land Size: 887sqm
  • Units: 3
  • Exclusive Listing: Yes
  • Reference: B-104220
  • Energy Efficiency Certificate: In Progress

Property Description

Building for sale exclusively by FOX!
Old 3 storey building, located close to the LANDMARK Hotel, off Makarios avenue, built in a plot of 887 square meters. Each floor is around 250 sm big and there is allowance for a 4th floor as per its zone, which is Ka3 allowing 140% density over 4 floors. Preliminary opinions in place, allowing for commercial use of the building; therefore, it can either house 4 residential units or offices. There are 14 parking spaces in place which can be increased to 18 if the building is converted to commercial use. The ground floor and first floor were renovated a few years ago and could be used as office spaces. The rest of the building is in need of renovation. There is, however, the possibility of demolishing the building completely in order to construct a new one from scratch.
Kindly contact me for further information and on site viewing.
Miranda Stylianaki logo

Miranda Stylianaki

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Additional Details

Parking-Covered
Parking-Uncovered
Zone (ie. H2)
Kα3
Zone type
Residential
Building density (%)
140
Coverage ratio (%)
50
Floor allowance
4
Title deed or under separation
Title deed available
Use of building
Residential
No of parking spaces
14
Air Conditioning

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