Description

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, on the intersection of Arch. Makariou III Ave and Ayias Elenis street.

The property for sale is a shop of 32 sqm on the 1st floor of Galaxias Commercial Building. The shop was previously used as an office and comprises an open plan space and a toilet. It is equipped with suspending ceiling, hidden lighting and HVAC system.

The subject property is currently vacant.

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. 

Reg. No. : 25/4778

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Additional Details

District Nicosia
Area/Village Lefkosia
Type Shop
Vat Vat not Applicable
Title deed Yes
No of property floors 1

Location

Tender Form

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