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Ready 830sq.m. school premisses in 1,410 sq.m. of land for sale


Nisou, Nicosia

REF: B-103549
€856,000
ENQUIRE NOW
Available
Property for Sale in Nicosia, Nisou, Cyprus
Property for Sale in Nicosia, Nisou, Cyprus
Property for Sale in Nicosia, Nisou, Cyprus
Property for Sale in Nicosia, Nisou, Cyprus
Property for Sale in Nicosia, Nisou, Cyprus
Property for Sale in Nicosia, Nisou, Cyprus
Property for Sale in Nicosia, Nisou, Cyprus
Property for Sale in Nicosia, Nisou, Cyprus

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Internal Area (sq.m.)
1070m2
Plot/land (sq.m.)
1410m2

Property Details

Property Details
  • For Sale
  • Property Type: Building
  • Location: Nicosia, Nisou, Cyprus
  • Internal Area: 1070sqm
  • Price: €856,000
  • VAT: N/A
  • Loan Installment: €3,842

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: €856,000
Own Contribution (35%): €299,600
Loan Amount (65%): €556,400
Interest rate: 3%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 31 Years
  • Plot/Land Size: 1410sqm
  • Reference: B-103549

Property Description

The assets that are for sale consists of a 2 storey premises divided into classrooms, offices, reception areas, kitchen, bathrooms, store rooms e.t.c. and was build in the year 2000 approximately. The land that the school is set on is 1,410 square meters. For the school land the building coefficient zone is 90% and 50% coverage for 2 floors up to 10 meters high. The school has also for sale separately an extra package of two extra pieces of land that used to be a part of the school with basketball field and parking area. The two pieces of land have separate title deeds and are available for sale. Overall the buildings are in very good condition and can be expanded or be used differently. For example it can be used as a tutorial school, Gymnastic school, kindergarden, hostel, College, hospital etc.Please call to arrange viewing and to give you more information details with plans, title deeds etc.
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Dimitris Vasiliou

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Additional Details

Title deed or under separation
Title deed available
Use of building
Other

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