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Two commercial plots on Iphigenias street in Acropolis - for sale exclusively by FOX

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Ref: P-102777
Asking Price
€1,500,000 Plus VAT
Loan Installment

Click to calculate

Available
Property for Sale in Nicosia, Strovolos, Cyprus
Property for Sale in Nicosia, Strovolos, Cyprus
Property for Sale in Nicosia, Strovolos, Cyprus

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Property Details
  • For Sale
  • Property Type: Plot
  • Property Subtype: Commercial
  • Property Label: Development Property
  • Location: Nicosia, Strovolos, Cyprus
  • Price: €1,500,000 Plus VAT
  • VAT: Plus
  • Date Available From: 3rd January 2020
  • Loan Installment: €6,733

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: €1,500,000
Own Contribution (35%): €525,000
Loan Amount (65%): €975,000
Interest rate: 3%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 1107sqm
  • Exclusive Listing: Yes
  • Reference: P-102777
Miranda Stylianaki
Mobile: (+357) 99641139

Nicosia
Address: Nicosia Georgiou Davari Office
Δύο συνεχόμενα εμπορικά οικόπεδα στη λεωφόρο Ιφιγενείας, συνολικού εμβαδού 1,107 τετραγωνικών μέτρων. Το ένα είναι άδειο, ενώ στο άλλο υπάρχει παλαιά κατοικία. Τα οικόπεδα εμπίπτουν στην εμπορική ζώνη ΕΒ3, με συντελεστή δόμησης 160% και κάλυψης 50% σε 6 ορόφους. Υπάρχει πολεοδομική άδεια σε ισχύ μέχρι τον Ιούλιο του 2020. Η τιμή είναι διαπραγματεύσιμη σε λογικά πλαίσια.

Two commercial plots on Iphigenias avenue in Acropolis of a total area of 1,107 sm. One is empty while in the aother there is an old house that can be demolished. They lie in commercial zone EB3 where one can build more than 1,700 square meters on 6 floors. Building permit in place, valid until July 2020. The price is negotiable within reason!
Zone (ie. H2)
EB3
Zone type
Commercial
Building density (%)
160
Coverage ratio (%)
50
Floor allowance
6
Title deed or under separation
Title deed

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