Prime Commercial Building

Nicosia
Nicosia Down Town

€ 2,400,000

1,420 m2 Area
788 m2 Land
3 Storeys

Property Ref: #10686

Property Description

An exceptional opportunity to acquire a commercial building ideally situated in the heart of the city center, just steps from all the amenities and services of Makariou Avenue and minutes from key ministries and the city’s business hub. The property offers outstanding development potential, with the possibility to construct an additional four floors, a unique chance to maximize your investment in this highly sought after location.

Property Features

Type

Building

Status

Resale

Area

1,420 m2

Land

788 m2

Storeys

3

Energy

B

Year

1994

Even More Info

Air Condition

Basement

Parking Covered

Parking Uncovered

Location

Downtown Center, Nicosia Down Town, Nicosia

CURRENT ASKING PRICES PRICES IN DOWNTOWN CENTER

AVERAGE PRICES TODAY

Flat Price
€ 577,263
Residential Plot Price
€ 6,887,500

% PROPERTY TYPES

17% Plots
83% Flats

% BEDROOMS

6% 1 Bed Flat
50% 2 Bed Flat
44% 3 Bed Flat

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 190,000
2 Bed Flat
€ 435,111
3 Bed Flat
€ 789,625

PRICE RANGE

Flats:
€ 190,000 - € 1,400,000
Houses:
-
Residential Plots:
€ 2,850,000 - € 15,000,000