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Commercial Plot in Nicosia, Nicosia Centre, Nicosia


Nicosia Centre, Nicosia

REF: P-106210
€3,098,000 Plus VAT
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Available
Commercial Plot in Nicosia, Nicosia Centre, Nicosia
Property for Sale in Nicosia, Nicosia Centre, Cyprus
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Plot/land (sq.m.)
809m2

Property Details

Property Details
  • For Sale
  • Property Type: Plot
  • Property Subtype: Commercial
  • Location: Nicosia, Nicosia Centre, Cyprus
  • Price: €3,098,000 Plus VAT
  • VAT: Plus
  • Loan Installment: €15,185

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: €3,098,000
Own Contribution (30%): €929,400
Loan Amount (70%): €2,168,600
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 809sqm
  • Reference: P-106210

Property Description

Commercial Plot in the heart of Nicosia in one of the main commercial street of the capital.
  • Benefits a frontage of 28m.
  • It has a regular four-sided shape.
  • The Property falls into Commercial Zone ΠΕΖ which allows the highest building density makes it a unique property in terms of investment and development potential.
  • Building Density 250%
  • Coverage 70%
  • Zone ΕΒ3 & ΕΒ4
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Additional Details

Zone (ie. H2)
EB3 & EB4
Zone type
Commercial
Building density (%)
250
Coverage ratio (%)
70
Floor allowance
4+
Title deed or under separation
Title Available

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