Shop in Nicosia, Nicosia Centre, Nicosia

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Ref: S-67858
Asking Price
Loan Installment

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Under Offer
Property for Sale in Nicosia, Nicosia Centre, Cyprus

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Property Details
  • For Sale
  • Property Type: Shop
  • Location: Nicosia, Nicosia Centre, Cyprus
  • Internal Area: 32sqm
  • Price: €58,000
  • VAT: N/A
  • Loan Installment: €275

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

Loan Installment Calculations:
Closing Price: €58,000
Own Contribution (35%): €20,300
Loan Amount (65%): €37,700
Interest rate: 3.8%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Plot/Land Size: 668sqm
  • Reference: S-67858
Antonis Antoniades
Mobile: (+357) 97767247

Address: Nicosia Georgiou Davari Office
The asset is situated in a prominent location within Nicosia’s commercial core. It is in close vicinity to the old walled town and to Nicosia’s city hall. The property for sale is a shop of 32 sqm on the 1st floor of a Commercial Building. The shop comprises of an open plan space and a toilet. It is equipped with suspending ceiling, hidden lighting and HVAC system. The subject property is currently under a lease contract.The immediate area consists mostly of commercial properties housing the offices of several companies. The wider area is well developed and consists of mixed-use properties including shops or showrooms on the ground floors and offices or flats on the upper floors. The asset falls within the Commercial Planning Zone Eα1, with building density coefficient of 250%, coverage coefficient 40%, in 14 floors and 52 metres maximum height. All urban features must be checked with the proper authorities.

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