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Ground floor shop on commercial buidling in Dasoupoli, Nicosia


Dasoupolis, Nicosia

REF: S-103816
€776,000
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Available
Property for Sale in Nicosia, Dasoupoli, Cyprus

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Internal Area (sq.m.)
227m2

Property Details

Property Details
  • For Sale
  • Property Type: Shop
  • Location: Nicosia, Dasoupoli, Cyprus
  • Internal Area: 227sqm
  • Price: €776,000
  • VAT: N/A
  • Loan Installment: €3,804

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: €776,000
Own Contribution (30%): €232,800
Loan Amount (70%): €543,200
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 22 Years
  • Reference: S-103816
  • Energy Efficiency Certificate: In Progress

Property Description

This asset is a shop on the ground floor of a commercial building in Dasoupoli. The asset is located near Marks & Spenser and Akropolis park. It consists of a ground floor retail area, with kitchenette, of 143sqm and a mezzanine with office area, storage room and toilet, of c. 84sqm. The asset benefits from exclusive use of four parking spaces and a 30m facade on Athalassas Avenue.
The immediate area of the property comprises of commercial developments along Athalassas Avenue and residential developments in the side streets. Athalassas Avenue is a major commercial avenue that provides easy access to Nicosia city centre and the Nicosia - Limassol motorway. The asset falls within commercial planning zone Εβ3 with building density coefficient of 160%, coverage coefficient 50%, in 6 floors and a maximum height of 24m.
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George Themistokleous

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Additional Details

Type
Partitioned
No of parking spaces
4

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