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Investment in Nicosia, Nicosia

Nicosia, Nicosia, Cyprus

ID 220196
For Sale 1,433,000

PROPERTY FEATURES

Property Type Investment  
Indoor Facilities
Outdoor Facilities

Description

This asset is a mixed use building in Strovolos, Nicosia.
The asset has an area of 1820sqm and comprises of:
-The basement of 630sqm.
-The ground floor of 520sqm and a mezzanine of 215sqm.
-The first floor of 455sqm consisting of two apartments.
The immediate area of the property comprises of residential developments as well as numerous commercial developments along Andrea Avraamide Avenue.
The asset falls within residential planning zone Κα5 with building density coefficient of 100%, coverage coefficient 50%, on 3 floors and a maximum height of 13,5m.